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I had a payment plan in place but then the IRS changed my withholding

with a Lock In Letter...
I had a payment plan in place but then the IRS changed my withholding with a Lock In Letter. They have just started to take out the larger amount, but now I notice they didn't take out the monthly installment payment? Did the Lock IN rate change terminate the installment agreement?
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Answered in 3 minutes by:
7/5/2013
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,847
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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NPVAdvisor : Hi,
NPVAdvisor : Yes. The lockin on the withholding, overrides the system
NPVAdvisor : yousystem you should call them. As this probably takes the amount owed into account
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,847
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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Lane and 87 other Tax Specialists are ready to help you
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Customer reply replied 4 years ago

Thyank you.


You're welcome!

And thank you for the relating.

Let me know if I can help further.

Lane

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Lane
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,847
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Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986

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