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Old 03-15-2007, 08:27 PM
Roberto Roberto is offline
Junior Member
 
Join Date: Mar 2007
Posts: 9
I filed my tax return and owe a lot of money, should file an extension?

Dear Taxguru,

I had my taxes prepared by a tax preparer and it appears that I owe over 10,000 dollars in taxes. I really dont have the money to pay the IRS.

I was thinking, should I file an extension to delay the liability? Can you please suggest some way out of this situation. I really was thinking that the extension would delay my liability and buy me some time to pay for the taxes.

What do you think???
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