Where Do I Stand with the IRS?
Question: My husband and I got divorced a few years ago and now I am all of a sudden getting notices from the IRS. He always took care of the household finances and taxes so I had no idea that we owed the IRS. Is there a way for me to figure out exactly where I stand with the IRS?
Answer: You can find out exactly where you stand with the IRS. If you are close to a local office of the IRS you can go to the office and request a “record of account” for the years you are concerned about. If you aren’t close to a local office, or you just don’t want to go down there and wait in line you can print Form 4506-T. Just fill out your personal information (name, address, social security number, etc.) in the top part of the form.
Next, under section 6, check the box for subsection (c) for an “record of account.” A record of account is print out of your account that gives line item information about adjustments such as credits, penalties and interest. It also shows if you have done anything that might extend the statute of limitations such as file an offer in compromise or file bankruptcy. But the information that is most critical to you is HOW MUCH YOU OWE. You will find the bottom line as well as how much the IRS has charged you in penalties and interest.
Sign and date at the bottom of page 1 and follow the instructions on page 2 about where to mail this form. I would allow for several weeks for the IRS to process your request. It has taken me over a month to receive information from the IRS in this manner in the past.
There is a way to receive this information much quicker if your circumstances require. Since I deal with the IRS on a regular basis, once you retain me to assist you, I can file a copy of my power of attorney (Form 2848) with the IRS and have access to your records within 3-5 days. If you are interested in retaining me to just help you find out where you stand e-mail or call me.