Self Employed Tax - HELP

iVillage Member
Registered: 04-08-2003
Self Employed Tax - HELP
1
Thu, 03-16-2006 - 12:37pm

My husband is self employed and has been for several years. We had planned ahead on how to pay our income taxes, however due to recent developments with his soon to be ex partner and the fact that we haven't had an income for several months...it is gone.

What happens now? We haven't done our taxes yet, but I'm fairly certain we owe. Can we set up a payment plan? How does that look on our credit. We're just trying to scrap by now.

Thanks...Samey

Avatar for cl_phocid
iVillage Member
Registered: 03-26-2003
Thu, 03-16-2006 - 12:53pm
Hi Samey - been there, done that.

All my best,
Danni