How to rollover your taxes?

[Good-Person]

Many people need to pay off their taxes. However, there may be cases when they may not be able to pay their taxes at the right time. This is a very common problem in many places. In such kind of cases, the government may allow people to rollover the taxes. So, how to avail this opportunity?

 

[glitch]

Tax rollovers involve retirement. This is not something I have looked into yet. I have not set up a retirement plan so I don't have the option to even consider a tax rollover.

 

[Debashis]

To rollover your taxes, you can contribute the funds from a qualified retirement account to another qualified account within 60 days. This can help you avoid taxes and penalties on the distribution. It's important to follow the IRS guidelines and consult with a tax professional for specific advice.