I owe back taxes from previous years, will my current quarterly estimated tax payments be automatically applied to my old debt instead?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

How current estimated tax payments are handled when there is old tax debt often depends on how the IRS has the account set up, whether there are outstanding balances from prior years, and whether any collection actions or payment arrangements are already in place. In some cases, a payment may be cre For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.