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Ask the Dolans: How can we pay back taxes while unemployed?

Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.

Click here to ask Ken and Daria your question.

The record number of unemployed Americans has taken a huge toll, as many struggle to make ends meet.
Unfortunately, the IRS shows little mercy to those in this tough position. If you owe money to the IRS, don't expect a reprieve from interest and penalties!

One WalletPop reader is dealing with this situation and we have some advice on how to handle IRS debt – even when you're out of work. Watch our video response below.

Dear Ken and Daria,

My fiancé owes the IRS $6,000, but he has been out of work for almost a year. How do we deal with this?

-Jody




If you are concerned you aren't able to pay your taxes this year, check out Ken and Daria's strategies to find peace of mind.

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To navigate the Health Insurance Marketplace, you have to know what you want from a health plan. Have your previous plan handy to make comparisons, as well as household and income information. If this is your first health plan, be aware of your needs and know your tax situation. Eligibility depends on the size of your family and combined income from all sources.

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