Where do I enter an Installment Agreement Request (Form 9465)?
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If you owe money to the IRS and cannot pay the full amount of tax owed, you can usually set up an IRS monthly payment plan arrangement called an Installment Agreement. In the Installment Agreement section, you can fill in the information for Form 9465 to send in with your tax return.
Before requesting an installment agreement, you should consider less costly alternatives. You'll be charged an extra fee by the IRS if your request is approved. You'll also be charged interest and may be charged late payment penalties.
Do NOT file an Installment Agreement Request if you are currently making payments on a previous installment agreement, if you are in bankruptcy, or have a pending or accepted offer-in-compromise.
Your request for an installment agreement is guaranteed if you owe $10,000 or less and all of the following apply:
You may still apply for an installment agreement if you do not meet the above conditions, but you may be turned down.
By approving your request, the IRS agrees to let you pay the tax you owe in monthly installments instead of immediately paying the amount in full. In return, you agree to make your monthly payments on time. You agree to provide updated financial information when requested.
You also agree to meet all your future tax obligations. This means that you must have enough withholding or estimated tax payments so that your tax obligation for future years is paid in full when payment is due. You also agree to timely file your return.
If you owe money to the IRS and cannot pay the full amount of tax owed, you can usually set up an IRS monthly payment plan arrangement called an Installment Agreement. In the Installment Agreement section, you can fill in the information for Form 9465 to send in with your tax return.
Before requesting an installment agreement, you should consider less costly alternatives. You'll be charged an extra fee by the IRS if your request is approved. You'll also be charged interest and may be charged late payment penalties.
Do NOT file an Installment Agreement Request if you are currently making payments on a previous installment agreement, if you are in bankruptcy, or have a pending or accepted offer-in-compromise.
Your request for an installment agreement is guaranteed if you owe $10,000 or less and all of the following apply:
- During the past 5 tax years, you (and your spouse if filing a joint return) have timely filed all income tax returns and paid any income tax due, and you have not entered into an installment agreement for payment of income tax.
- The IRS determines that you cannot pay the tax owed in full when it is due and you give the IRS any information needed to make that determination.
- You agree to pay the full amount you owe within 3 years and to comply with the tax laws while the agreement is in effect.
You may still apply for an installment agreement if you do not meet the above conditions, but you may be turned down.
By approving your request, the IRS agrees to let you pay the tax you owe in monthly installments instead of immediately paying the amount in full. In return, you agree to make your monthly payments on time. You agree to provide updated financial information when requested.
You also agree to meet all your future tax obligations. This means that you must have enough withholding or estimated tax payments so that your tax obligation for future years is paid in full when payment is due. You also agree to timely file your return.
