An Installment Agreement or Payment Plan allows you to pay the amount you owe to the IRS in monthly payments.
How do I apply for an Installment Agreement?
You can apply for the payment plan with your tax filing, online at IRS.gov, by phone, mail or in person. Set-up fees vary depending on the payment plan.
When you complete the Installment Agreement form within the program, you can setup your monthly payment amounts and banking information (or select to pay by mail) along with the monthly payment dates.
Where is this located in my account?
You can complete this agreement in the program as shown here:
- Federal
- Miscellaneous Forms
- Installment Agreement (Form 9465). Please fill out the applicable Personal Information as well as Payment Details. The information you have provided will be transmitted to the IRS when you electronically file your return.
How do I know if the IRS has accepted my Installment Agreement?
When you make an installment agreement through our program, the IRS will generally respond to your request within 30 days of receipt of your request via mail to let you know if it was accepted or rejected. Once approved, an IRS agent may contact you to request your financial records to verify the amounts you have agreed to pay.
You can view more information regarding this topic by visiting the IRS website here.