9 Awful Things That Could Happen If You Don’t Pay Your Taxes

Worried African American couple bills man woman
sirtravelalot / Shutterstock.com

Pull out your shoebox of receipts and clear your calendar. Tax filing season is here.

But what happens if you don’t file your taxes? Will the IRS really even notice?

Um, yes. Even if you don’t file, your boss, mortgage company and bank are reporting forms to the IRS with your name and Social Security number.

Once the IRS catches up, the consequences can range from mildly annoying to your-life-will-never-be-the-same-again.

Following is a look at exactly what could happen if you fail to pay your taxes.

Popular Articles

These Are the 20 Best Hospitals in the U.S.
These Are the 20 Best Hospitals in the U.S.

A familiar name tops this list.

Never Use a Debit Card to Buy These 9 Things
Never Use a Debit Card to Buy These 9 Things

Use your debit card for one of these expenses, and you could risk your bank account balance, your credit score or even identity fraud.

107 Easy Ways to Make Extra Cash
107 Easy Ways to Make Extra Cash

Need quick cash? Here are lots of easy ways to earn extra money from home, from getting cash back when you shop to getting paid for watching videos and playing games.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments