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Owe the IRS? Your passport could be cancelled

A piece of legislation that has passed the house and senate that would allow the State Department to suspend or cancel passports for those who owe large amounts of money to the government for back taxes. HR 22 is expected to become law soon.

From Forbes:

"The State Department could revoke, deny or limit passports for anyone the IRS certifies as having a seriously delinquent tax debt in an amount in excess of $50,000. It is supposed to be a little like having outstanding parking tickets. You might have to pay them to be able to register your car or renew your driver’s license."

The idea is to keep those who owe large amounts from taking an unscheduled, permanent vacation to a country that doesn't extradite which as happened from time to time. While only a small percentage of Americans owe more than $50,000 in back taxes, with penalties and fines it's easier to rack up that much debt than many might think.

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Matt Patterson

Matt Patterson has been with The Oklahoman since 2006. Prior to joining the news staff in 2010, Patterson worked in The Oklahoman's sports department for five years. He previously worked at The Lawton Constitution and The Edmond Sun.... Read more ›