Revoking Your Passport: An IRS Method to Collect Serious Tax Debt
Sunday, 25 August 2024, 07:00
Revocation of Passport Due to Tax Debt
In efforts to recover overdue taxes, the IRS has implemented the practice of revoking passports. This measure signifies the seriousness of tax debt—specifically, when it exceeds $62,000 in 2024. The law mandates that the IRS must inform the State Department regarding any individual with a federally recognized serious tax delinquency.
Who Is Affected?
- Taxpayers with tax debts greater than $62,000 include penalties and interest.
- Individuals who owe taxes for multiple years face heightened risks.
Implications
A person's passport can be revoked or denied, significantly impacting travel plans. It's critical to resolve outstanding debts to avoid these penalties.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.