Thursday, May 6, 2010

IRS Debt Update

Yesterday, I received the letter from the IRS updating me on my remaining balance with the Federal Agency. After, this years refund of $1,367 was applied to the old debt balance of $2,787.81, my remaining debt owed them is $1,420.81.
The debt is from the sell of some stock a few years back, that was intended to help reduce my debts, created a new debt, when it came time to pay my 2002 taxes (in April 2003). Since then I have been trying to get this debt paid off. This refund, is the most significant reduction of this debt to date.



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