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bockbockchickenhead t1_j6nftmk wrote

Reply to comment by [deleted] in Optima says my dad owes $40k in back taxes?! by [deleted]

Sigh. Yeah I worried this would happen. Honestly I’m afraid for my dad’s “well-being” if you know what I mean. I just don’t want him to feel like his life is ruined because of this.

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Snoo1560 t1_j6nkmb5 wrote

One quick thing I thought of. If your dad would give you power of attorney, you can then speak to Optima and the IRS on your dad's behalf. POA doesn't have to be permanent. Your dad can give you POA for a short time to deal with all of this and then revoke it when it's over.

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buried_lede t1_j6nule6 wrote

Or just call together with your dad there, on speaker phone - very easy

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buried_lede t1_j6nu2sl wrote

Sometimes the IRS will completely discount the amount owed based on an analysis that shows he will be unlikely to earn more than he earns now during his lifetime. It’s called an offer in compromise and it permanently settles a tax bill for good, for less than what is owed.

Please tell your dad not to stress too much because though this is a drag, In the scheme of things, a tax situation like this is manageable. It’s going to be OK.

And once you get the bulk of this done, you can save money by using the taxpayer advocate’s office for any future probs.

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