Will IRS take my 2023 refund if I'm already on payment plan for back taxes?

Yes, the IRS will still offset (keep) your refund even if you have an active installment agreement. Any refund you're entitled to will automatically be applied to your tax debt. This is standard procedure and happens regardless of whether you're making regular payments. The good news is that it'll reduce your overall balance faster.

Hey! You should check out taxr.ai - it's this new tool that analyzes your transcript and tells you exactly what's happening with your refund and payment situation. It costs like $1 but its totally worth it. I was confused about my payment plan too and it cleared everything up https://taxr.ai

word of advice - adjust your w4 withholding so you break even instead of getting a refund. no point giving irs an interest free loan if theyre just gonna keep it anyway

unpopular opinion but the offset actually helped me pay off my back taxes way faster than just the payment plan alone would have 🤷‍♀️

yall remember when they paused offsets during covid? those were the days 😪

wait u can set up payment plans? ive been dodging them like neo in the matrix lmaoooo