Where Do I Send My 9465 Installment Agreement Request

If you owe taxes, penalties and interest of $50,000 or less, it is also possible to avoid filing Form 9465 and completing an online payment agreement (takeover) application instead. The advantage of an installment plan is obvious: it gives taxpayers more time to repay their federal taxes in an orderly manner. As long as the terms of the agreement are respected and the taxpayer is able to make their payments, all collection efforts by the IRS or private collection agency will cease. Eligible individuals can also receive a six-month extension to file their tax return and possibly pay their tax bills if they experience certain financial difficulties. If you owe more than $50,000, you cannot file electronically and must return a completed IRS Form 9465 on paper with the original signatures. You can do this by attaching it to the front of your tax return at the time of filing. The form can also be submitted at any time. Taxpayers who have unpaid tax bills don`t have to panic about how to pay their taxes. The process of applying for phased enrollment agreements is relatively quick and painless, although penalties and interest can add up over time.

Individuals who are unable to pay their federal tax bill and do not make arrangements with the IRS may be subject to the IRS collection process and more penalties and interest than if they had made arrangements in advance to make instalment payments. For more information, see IRS #202: Tax Payment Options. If you submit Form 9465 using Form 1040 or Form 1040-X, Form 9465 will not appear separately on the Calculate screen or on the EF Return Selector. .