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I have a client that owes the IRS $12,000 and she just got a…

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I have a client that...
I have a client that owes the IRS $12,000 for 2015 and she just got a notice that she owes another $5,000 for 2014. Can we file one installment agreement for both amounts
Submitted: 2 years ago.Category: Tax
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Answered in 2 minutes by:
3/6/2016
Tax Professional: Mark D, Enrolled Agent replied 2 years ago
Mark D
Mark D, Enrolled Agent
Category: Tax
Satisfied Customers: 1,342
Experience: MBA, EA, Specializing in Business and Individual Tax Returns and Issues
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Yes, in fact the IRS would require it. You can only have one installment agreement in place at a time for any and all personal federal tax liabilities.

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Mark D
Mark D
Mark D, Enrolled Agent
Category: Tax
Satisfied Customers: 1,342
1,342 Satisfied Customers
Experience: MBA, EA, Specializing in Business and Individual Tax Returns and Issues

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