What happens if the check I send to IRS bounces?

6 Answers

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  • RICK
    Lv 7
    1 year ago

    You owe

    Penalties for not paying on time

    Interest because it hasn't been paid

    Two bounced check fees, one from the IRS and one from your bank

  • Erik
    Lv 7
    1 year ago

    they send some guys to your house

  • 1 year ago

    They you will owe penalties & interest and late fees.

  • 1 year ago

    Checks written to the Government do not bounce. You bank will pay the IRS. Any penalties and fees are between you and your bank.

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  • Carson
    Lv 6
    1 year ago

    They'll hunt you down... :)

    You'll pay a fee to the bank, to the IRS and it will start adding interest from today until you pay it.

  • NA
    Lv 7
    1 year ago

    Unless you can prove it was your bank's mistake, you:

    1) Get a NSF fee that is the greater of $25 or 2% of what the check was for, whichever is greater.

    2) You still owe and trigger late payment penalties and interest.

    Note for the naysayers, I double checked this in the Internal Revenue Manual before I posted anything.

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