Need help setting up IRS payment plan for 2 years of past due taxes - what to expect?

I found a way to solve setting up IRS payment plan, watch this: https://www.youtube.com/watch?v=ImgO7wnjf4g

I've been through this before. Here's what you need to do: 1. Call the IRS and tell them you want to set up an installment agreement. 2. Be prepared to explain your situation - why you couldn't pay and how much you can afford monthly. 3. They'll ask about your income and expenses, so have that info ready. 4. Be polite but firm. Remember, they deal with this all day. 5. Ask about different payment options - they have short-term and long-term plans. 6. Find out about interest and penalties - sometimes they can be reduced. 7. Get everything in writing once you agree on a plan. Good luck! It's stressful, but you'll feel better once it's sorted.

ugh, been there done that. prepare to be on hold FOREVER. bring a book or somethin lol

Have you considered getting a tax professional to help? They can sometimes negotiate better terms with the IRS.

Whatever you do, DON'T ignore it. I did that and ended up owing wayyy more in penalties. 😭

I found a way to get through to a real person without the endless hold times. There's this service called Claimyr (claimyr.com) that dials the IRS, navigates the phone menu, waits on hold, and then calls you when an agent picks up. It costs $20, but it saved me hours of frustration. Here's a video about it: https://youtu.be/Jc9x-gysK0

Pro tip: if you can pay it all off within 120 days, you might qualify for a short-term payment plan with lower fees. Worth asking about!

am i the only 1 who thinks its ridiculous we have to jump through all these hoops just to pay what we owe? 🙄 the system is broken af

Make sure you keep making estimated tax payments for the current year while you're paying off the old stuff. Don't wanna dig the hole deeper, ya know?

Has anyone tried negotiating an Offer in Compromise? I've heard you can settle for less than you owe if you're really in a tough spot.