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i owed 2200 at the time of doing my taxes. I scrounged 1200 on the last day and paid electronically.

Okay, so in April, 2016, you could not pay all of the taxes that you owed, plus you had to scrape together a down payment for the house that you closed on by pulling money out of your retirement accounts.

Seems like you have purchased a house that was above your means.

I am not putting that on a credit card.

Why not? You seemed to be proud of having $2000 in credit card debt since it's only costing $15/month http://boards.fool.com/yeah-i-got-credit-card-debt-32222150.... Adding another $1000, it will only cost you another $7.50/month.

Seems to me that paying what you owe to the IRS is just as good of a reason to run up credit card debt as buying silver bullion. And probably better, since the IRS can do things like seize your bank accounts, or that silver bullion, if you don't pay them.

Not to mention the additional 1200. So I owed 3400. That is a big outlay for someone who just bought a house and to go looking for other credit.

See above comment on living above your means.

Given that on other boards, you have indicated that you have income well into the 6 figure range, the fact that you haven't been able to come up with $3400, or even $1200, to pay the taxes that you have owed the IRS for 4 months pretty much indicates you are living above your means. Add in the fact that you are seeking additional credit pretty much confirms it.

AJ
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