Can’t pay? How about an installment agreement?

Can’t pay? How about an installment agreement?

9465Do you:

  • Owe less than $50,000 in tax, penalties, and interest?
  • File all required returns?

If so, you may qualify for an Online Payment Agreement.

You can apply here.

If you get approved, the fees to set up  a payment plan would be:

  • $52 for a direct debit agreement
  • $120 if not a direct debit from a bank account
  • $43 if income is below a certain level
  • No setup fee if you qualify for a Short Term agreement (120 days or less)

More on installment agreements.

Linda Reinhardt

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