asked 156k views
5 votes
What’s happens if u fail to pay your annual taxes

1 Answer

4 votes

Answer:

If you still refrain from paying, the IRS obtains a legal claim to your property and assets ("lien") and, after that, can even seize that property or garnish your wages ("levy"). In the most serious cases, you can even go to jail for up to five years for committing tax evasion.

Step-by-step explanation:

answered
User Sapbucket
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.