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Dmitry Ivanov

IRS Payment Plan Question: Will IRS still deduct $2k from 2021 even with existing payment plan?

I set up a payment plan with the IRS before filing my 2021 taxes. Now I got a letter saying I owe 2k for 2021. Anyone know if theyre still gonna take the money even tho I already have a payment plan setup?

Ava Thompson

Your existing payment plan might need to be modified to include this new amount. You should contact the IRS immediately to update your installment agreement. The IRS can still collect if the new amount isn't included in your current plan. Best to be proactive and get ahead of this.

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Dmitry Ivanov

omg thanks. do you know how long it usually takes to modify the plan?

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1M

Ava Thompson

Usually takes about 30 days to process modifications, but keep making your current payments in the meantime!

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Miguel Herrera

hey guys instead of guessing whats going on with your transcript you should check out taxr.ai - its only $1 and it analyzes everything for you. saved me hours of headache trying to figure this stuff out

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Zainab Ali

forreal? whats it actually do? sounds too good to be true tbh 🤔

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1M

Miguel Herrera

it uses AI to read your transcript and tells you exactly whats happening with dates and everything. like a tax pro in your pocket fr fr

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Zainab Ali

just tried it and WOW 🔥 literally answered everything I was confused about in like 2 minutes

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Connor Murphy

im in the same boat rn. got hit with an extra 3k after setting up payments. this system is broken fr fr 🤮

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Yara Nassar

Dont ignore the letter! I did that last year and they ended up garnishing my wages 💀

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Dmitry Ivanov

oof thats rough. definitely calling them tomorrow

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StarGazer101

the IRS be playing games with everyone these days istg

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Keisha Jackson

Fr they stay making everything complicated for no reason 🤡

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Paolo Romano

Quick tip: take pictures of EVERYTHING and get a confirmation number whenever you talk to them on the phone. Trust me on this one.

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