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

10 Things That Can Ding Your Social Security Benefit
10 Things That Can Ding Your Social Security Benefit

Here are 10 things that could mean less money in your pocket during retirement.

6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either
6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either

Suze Orman has a huge following. But beware: The self-proclaimed personal finance expert has a track record that suggests more sizzle than steak.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

View this page without ads

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

Get Started

Comments