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Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

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[–] [deleted] • 1 pt

Get an extension, get a loan, ignore it and settle later.

Your post is confusing...are you saying you're a private contractor with a potential job lined up that you'll have to pay all the taxes on and you won't have the money to pay your bills AND the taxes once you finish the job?

[–] [deleted] • 0 pt

Thank you. All advice is welcome. If I ignore it, they will seize our property and auction it. Maybe arrest us. No loan or extension options. I have no job.