asked

I owe $14,000 in taxes due to withdrawing money from an IRA during COVID-19 and not withholding enough taxes. I'm unsure whether to file my taxes now or wait until April, how to set up a payment arrangement with the IRS, and whether I should use an online service or a professional tax preparer. Additionally, I'm not sure if I should go to H&R Block or a local tax preparer outside Walmart. What should I do?

October 2nd, 2023

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