Individual Income Debt Payment Program Extended
until May 31

Date: May 1, 2012

Due to continued high levels of interest in the Individual Income Tax Debt Payment Program, the North Carolina Department of Revenue is extending the time to participate in the program to May 31. 

This time limited program originally ended April 30, and was created to help individuals catch up on unpaid taxes, while benefiting from certain penalty and fee waivers.  

In exchange for a taxpayer paying the balance of tax and interest owed by May 31, NCDOR will waive certain unpaid, civil penalties and fees, which could save individuals as much as 35 to 40 percent. Participating taxpayers can also avoid forced collections actions such as garnishments, liens, and levies.  

There are currently more than 29,000 taxpayers participating in the program.  Under the terms of their agreements with the department, they are saving more than $18 million in penalty and fee waivers.

"We have seen such high interest in this program and believe this extension will benefit many more North Carolinians who are facing tough financial hardships," said Secretary of Revenue David Hoyle.  "We want to make it easy for our citizens to work with state government and move everyone forward in this economic recovery."

Any taxpayer who has properly filed their tax returns with NCDOR and has received a notice for unpaid taxes prior to January 1, 2012, may participate.  A taxpayer who has not filed a return, does not currently have an outstanding tax liability or is the subject of an ongoing criminal investigation or prosecution is not eligible.   

Members of the State Employees' Credit Union may also qualify for a low-interest loan program to pay their unresolved tax balances.

Anyone interested in participating should contact the NCDOR local service center nearest them or call 1-877-252-4983.

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