u/Angleofrepose4066

▲ 35 r/IRS

At my wit's end

I owed $15k last year (2024) and I'm going to be paying it off for the next 5 years.

I didn't change jobs or move or anything in 2025. I claimed 0. I thought I might even get a refund.

Nope. I owe $8k this year. That's my entire savings. And that just gets added to my existing balance? And what, same thing again next year? I'll just never pay it off?

How am I supposed to do this? Save every penny just to afford the tax bill at the end of the year? Take an extra $400 out of each check and donate it to the IRS? Intentionally take a lower paying job just to have a lower bill?

I'm so overwhelmed. I want to cash out my retirement account, pay it all off, and go spend the rest of my days on a motorcycle and cheap motels or live off grid or something. How the hell do people do this?

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u/Angleofrepose4066 — 6 hours ago