Online Payment Info
The IRS simplified its Online Payment Agreement application last year. Since then over 400,000 payment plans with a cumulative balance due of $1.93 billion have been established using the system. This simple method lets you pay from your home computer and you can even set up direct debit for even more convenience.
Individual taxpayers with a balance of $50,000 or less in combined tax, penalty and interest can apply for a payment plan using the online system. Generally, if all returns are filed and the taxpayer can pay the balance due in 72 monthly payments or less, the taxpayer will receive immediate approval.
Making plan payments by direct debit is convenient and saves money. Payments are automatic and the setup fee is less than half that for plans where payments are mailed.
Do You Qualify?
You owe $50,000 or less in combined tax, penalties and interest, and filed all required returns. You may also qualify for a short term agreement if your balance is under $100,000. If you owe more than $50,000 you can still file Form 9465, Installment Agreement Request.
What Do You Need to Apply?
- Name
- Valid e-mail address
- Address from most recently processed tax return
- Date of birth
- Filing status
- Your Social Security Number (or spouse’s if filed jointly) or Individual Tax ID Number (ITIN)
- If your filing status is married filing joint, the Online Payment Agreement application will accept only the Social Security Number that appears first on your tax return. If your SSN appears second, you must call the number on your bill or notice.
