Have a Tax Question? Ask a Tax Expert
Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.
Unfortunately, by law the IRS must charge interest on late tax payments
Therefore, the interest must be paid.
The IRS can, at their discretion, remove or reduce penalties, but not interest.
this is not irs related its from ford motor credit
Oh okay...your question was posted for tax experts
SO I assumed you were talking about the IRS
You would have to negotiate with Ford Motor Credit about the interest. If you have a contract to pay interest, then you would have to pay it.
thanks for nothing and then diconnecting
I did not disconnect, I'm still here
Our site is having updates today. I will refer your question to the legal section, so that an attorney can follow up