Saturday, March 9, 2013

Federal workers owe $3.5 billion in back taxes

WASHINGTON (AP) ? The Internal Revenue Service says federal workers and retirees owed more than $3.5 billion in back taxes in 2011, a slight increase from the year before.

About 312,000 federal workers and retirees had delinquent tax bills as of Sept. 30, 2011. That's out of 9.8 million workers, for a delinquency rate of 3.2 percent.

That's better than the general public. The IRS says the delinquency rate for the general public was 8.2 percent.

The Department of Housing and Urban Development had the highest delinquency rate, at 4.4 percent. The Treasury Department, which includes the IRS, had the lowest, at 1.1 percent.

The statistics on federal employees do not include those who are on payment plans.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-03-08-Taxes-Federal%20Workers/id-81790357830a471bac21ea6fc3b73345

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