If you owe the IRS more than $50,000 in back taxes, your passport could be revoked or denied. Last month, the IRS announced that the State Department shall deny new passport applications and/or may revoke current passports for those individuals that have seriously delinquent tax debt.
According to the IRS, your tax debt is considered seriously delinquent if you have “unpaid, legally enforceable federal tax debt totaling more than $50,000 (including interest and penalties) for which a notice of federal tax lien has been filed and all administrative remedies have lapsed or been exhausted or a levy has been issued”.
If your passport has been denied or revoked, possible remedies include paying the debt in full or entering into a qualifying payment agreement or offer in compromise with the IRS.
If you have any questions and/or need help setting up a payment agreement or an offer in compromise with the IRS, please contact:
Nathan A. Worthey, CPA at 770-671-1533, email@example.com