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I need to set up a payment plan for taxes due...I cannot pay

Customer Question
total due at one time...how...
I need to set up a payment plan for taxes due...I cannot pay total due at one time...how do I set up a payment plan?
Submitted: 6 years ago.Category: Tax
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Answered in 6 minutes by:
6/3/2011
Tax Professional: Jacy, Certified Public Accountant (CPA) replied 6 years ago
Jacy
Jacy, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 568
Experience: Nine years individual income tax preparation and consulting
Verified

Hello,

 

There are two ways to set this up. First, if you qualify, you can set up an installment plan online at:

 

http://www.irs.gov/individuals/article/0,,id=149373,00.html

 

Or, you may file Form 9465. Here is a link to more information:

 

http://www.irs.gov/businesses/small/article/0,,id=108347,00.html

 

 

There is a fee to set up a payment plan. The fee is lower if you use an electronic funds withdrawal for your payments.

 

Please Reply if you need more help.

 

Thanks,

 

Jacy

Jacy
Jacy, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 568
Experience: Nine years individual income tax preparation and consulting
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