Can form 9465 be filed electronically?
Form 9465 is available in all versions of TaxAct® and can be electronically filed with your return. If you have already filed your return or you are filing this form in response to a notice from the IRS, Form 9465 may be paper filed by itself. You can also apply for a payment agreement through the IRS website.
What form is 9465?
monthly installment plan
Use Form 9465 to request a monthly installment plan if you cannot pay the full amount you owe shown on your tax return (or on a notice we sent you).
What is the minimum payment the IRS will accept?
Your minimum payment will be your balance due divided by 72, as with balances between $10,000 and $25,000.
How does form 9465 work?
Use Form 9465 to request a monthly installment agreement (payment plan) if you can’t pay the full amount you owe shown on your tax return (or on a notice we sent you). In certain circumstances, you can have longer to pay or you can establish an agreement for an amount that is less than the amount of tax you owe.
Who do I call to set up a payment plan with the IRS?
Individuals may be able to set up a short-term payment plan using the Online Payment Agreement (OPA) application or by calling us at 800-829-1040 (individuals). See Telephone and Local Assistance for hours of availability. Note that individuals applying through OPA can set up a plan of up to 120 days at this time.
What if I owe the IRS and can’t pay?
The IRS offers payment alternatives if taxpayers can’t pay what they owe in full. A short-term payment plan may be an option. Taxpayers can ask for a short-term payment plan for up to 120 days. Taxpayers can also ask for a longer term monthly payment plan or installment agreement.
What number do I call to set up a payment plan with the IRS?
How much should I offer in compromise to the IRS?
An offer in compromise (with doubt as to collectability) to the IRS should be equal to, or greater than what the IRS calculates as the taxpayer’s reasonable collection potential.
Can I pay the IRS over the phone?
Call 888-PAY-1040 (888-729-1040) (TTY: 711) (international 501-748-8507) to begin the payment process. You will be greeted by a friendly automated response system that will guide you through the payment process.