+1 vote
asked in Mortgage by
I have a payment plan with both the state of Kansas and the IRS for under payment on taxes. We know what the problem was with my wifes withholding at her employer.  IRS doesn't ask for the debt to be paid in a year,  but Kansas does.  Both debts will be paid off in a year or earlier.  (Due to the them taking next years tax return if money is still owed) will these pay arrangements effect approval, dti, etc? No tax liens btw

1 Answer

0 votes
answered by (41.8k points)
All monthly payments to the IRS or state will be used for debt to income ratio calculations.