Have a Tax Question? Ask a Tax Expert
So, first off, you can get a payment plan. But before we get there, let's see if you really owe this money. Are they saying you didn't report some money you took from a retirement account or an IRA? You should be able to identify the withdrawal. Do you see the actual amount withdrawn?
Okay, was this an IRA or a 401K? how much was withdrawn? and you really did take the money?
Were you unemployed when you took the money?