How Does The Irs Installment Agreement Work


We will usually not take forced recoveries: enter on line 11a the amount you can pay each month. Make your payments as large as possible to limit interest and penalties. The fee remains valid until you have paid it in full. If you have an existing instalment payment contract, this amount should represent the entire amount of your proposed monthly payment amount for all your commitments. If no payment amount is shown on line 11a (or 11b), a payment is intended for you by dedividing the balance due by 72 months. One. The IRS understands that taxpayers may be struggling because of COVID. Taxpayers who have a payment agreement should contact a representative using their notification number. Note: To protect the health and safety of staff, service may be delayed.

The IRS is working to reopen its offices. Check the most recent status of IRS operations and services.

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