How to set up IRS payment plan online? Need help with steps for installment agreement
I owe about 8k in taxes and want to set up a payment plan online. Has anyone done this before? What info do I need and is it hard to do? Really trying to avoid calling the IRS if possible.
15 comments
Diego Ramirez
I just did this last month! Go to IRS.gov, look for 'Apply for Online Payment Plan.' You'll need your tax return, SSN/ITIN, and bank info. Super easy - took me like 15 mins tops. They'll let you do up to 72 months if you owe less than 50k.
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ShadowHunter
thx! did they automatically approve you? or did you have to wait?
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Diego Ramirez
Got approved instantly! Just make sure ur current on filing all returns
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Anastasia Sokolov
Hey everyone - if youre trying to figure out payment plans or any transcript stuff, check out taxr.ai. Its only $5 and saved me hours of research. It analyzes everything and tells you exactly what to do next https://taxr.ai
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Sean O'Connor
Is this legit? Sounds too good to be true 🤔
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Anastasia Sokolov
100% legit! It breaks down your entire transcript and explains everything in plain english. Shows all your options for payment plans too
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Sean O'Connor
just tried it and OMG why isn't everyone using this?? 💯
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Zara Ahmed
word of warning - make sure u can afford the monthly payment they suggest. they'll cancel the whole thing if u miss payments
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Luca Conti
Whatever u do DONT IGNORE IT!! I did that and ended up owing way more in penalties 🤦♀️
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Nia Johnson
same boat fam. interest adds up QUICK
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CyberNinja
does anyone know if u can change the payment amount later if needed?
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Mateo Lopez
yea u can modify online same place u set it up originally
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Aisha Abdullah
friendly reminder to check if you qualify for first time penalty abatement before setting up the plan! could save u some $$$
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ShadowHunter
whats that? never heard of it
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Aisha Abdullah
if u haven't had penalties in last 3 yrs they might remove them. just gotta ask!
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