cleaningupmess2023 OP t1_jeglmj6 wrote on March 31, 2023 at 9:31 PM

Reply to comment by CookieAdventure in 20K IRS bill and no idea how to handle by cleaningupmess2023

58K of Student loan debt was paid off. What I have left is what remained.

JCDexter t1_jegun9s wrote on March 31, 2023 at 10:36 PM

Please tell us that it was the 13.4% loans and that you didn't pay off your lowest interest debt. That will be the only silver lining here. Nothing else makes sense.

[deleted] t1_jeh3fxm wrote on March 31, 2023 at 11:43 PM

[deleted]

CookieAdventure t1_jegnl84 wrote on March 31, 2023 at 9:44 PM

Did you go through the entire publication 523 calculations to determine how much was actually taxable?

https://www.irs.gov/pub/irs-pdf/p523.pdf

sirzoop t1_jegzciy wrote on March 31, 2023 at 11:11 PM

Honestly a respectable answer but in hindsight you need to remember to save money to pay taxes from money you make. Go to the IRS website and set up a payment plan it's pretty easy if you create an account online