back taxes

Unpaid government debt

Back taxes are taxes that were due in a previous period but remain unpaid.

The term typically refers to income taxes owed to federal, state, or local governments, though it can apply to property taxes or other tax obligations as well.

Someone who owes back taxes may face penalties, interest charges, or legal action from tax authorities.

The IRS sent a notice about back taxes from three years ago.

He's been making payments on his back taxes for months.

compliance

IRS

Federal tax collector

  • filingStoring documents systematically
  • auditFormal accounts examination
  • returnsProfits from investments

deadline · W-2 · 1040 · e-file · taxpayer · amended · extension · recordkeeping · submission · assessment

debt

arrears

Overdue financial obligations

owing · unpaid · outstanding · balance · indebtedness · settlement · collection · repayment · default · creditor

resolution

payment plan

Arranged installment schedule

CPA · accountant · hardship · amnesty · forgiveness · relief · fresh start · appeal · representation · compromise

penalties

interest

Attention, stake, or fee

sanctions · forfeitures · penalty · accrual · compounding · failure to pay · underpayment · late fees · accumulation · assessment

stress

anxiety

Persistent apprehensive distress

  • burdenOppressive weight or duty
  • worryTroubled mental state
  • fearEmotional response to threat

overwhelm · dread · pressure · panic · apprehension · uncertainty · sleeplessness · financial strain · collection calls · wage garnishment

Categories
Opposites
temporal status of tax obligation

back taxestaxes due

Required payment to government

estimated taxes · quarterly taxes · withholding

compliance status

back taxestax refund

Returned excess withholding

tax credit · tax compliance · good standing

Family

back, tax, taxing, comeback, setback, taxes, taxation, outback, overtaxed

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G