Mr. and Mrs. Nestor were assessed a $51,240 income tax deficiency. Which of the following statements is false?
A. If the Nestors don't have sufficient assets to pay the deficiency, the IRS may allow them to pay it off over time under an installment plan.
B. Mr. and Mrs. Nestor are jointly and severally liable for the tax deficiency because they both signed their tax return.
C. If the Nestors don't have sufficient assets to pay the deficiency, the IRS may negotiate an offer in compromise for a lesser payment.
D. If the Nestors don't have cash on hand to pay the deficiency, the IRS can't force them to sell assets to raise the cash.
Answer: D
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