Question of the Day

What portion of the $159 billion in unpaid taxes legally owed by taxpayers to the federal government is considered by the IRS to be uncollectible?

Correct Answer

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The IRS's 2013 financial statement revealed that 78% of unpaid taxes that taxpayers have agreed they owe or courts have ruled they owe are "estimated to be uncollectible due primarily because of the economic situations of the taxpayers."

DocumentationAudit of IRS Finances