Sometimes seniors find themselves owing past due federal and state income taxes they cannot afford to pay. Notices from the IRS and state tax collector can be especially frightening. There are solutions. If the sum owed is less than $50,000, the IRS will accept monthly payments over five years. So for example, if $6,000 is owe to the IRS, monthly payments of around $100 can be made. There are also laws in place that provide that persons unable to pay their taxes can be placed on “uncollectable status” with the IRS and not have to pay their past due income taxes.