---
title: I Owe the IRS money. What Do I Do First | TaxTruce
url: https://taxtruce.com/answers/owe-irs-what-to-do-first
updated: 2026-10-29
---

# I owe the IRS money. What do I do first?

Updated October 8, 20263 sourcesTaxTruce team[Fact checked](/editorial-standards)

The short answer

Find out exactly what you owe. Sign in to your IRS Online Account or read your notice. Then file any missing returns and pick a way to pay. Your Online Account shows your balance and payment history. Account transcripts show each tax year.

Don't ignore letters. Each one has a due date, and some give you rights that end after 30 days.

* Check your balance online
* File any missing returns
* Pay in full, or apply for a plan
* Ask about penalty relief
* Get help from a licensed pro if it is complex

## Sources

1. [IRS: Get transcript](https://www.irs.gov/individuals/get-transcript)
2. [IRS: Understanding a federal tax lien](https://www.irs.gov/businesses/small-businesses-self-employed/understanding-a-federal-tax-lien)
3. [IRS: Collection due process (CDP) FAQs](https://www.irs.gov/appeals/collection-due-process-cdp-faqs)

Run the numbers with our [free tax tools](/tools), like the penalty and payment plan math.