Irs Monthly Payment Agreement

Our legal right to request information on this form is sections 6001, 6011, 6012(a), 6109 and 6159 and their provisions. We use the information to process your request for a instalment payment contract. The reason we need your name and social security number is that they identify themselves correctly. We need this information to access the tax information contained in our files and properly respond to your request. You do not need to apply for a payment contract in instalments. If you request a instalment payment contract, you must provide the information requested in this form. Failure to provide this information may prevent the processing of your request; The indication of false information may impose fines or penalties on you. You can access your tax account information via a secure login at irs.gov/account. You can view the amount you owe as well as your balance details, view your payment history, access Get Transcript to download or print your tax documents, and view important information from your tax return for the current year in the form originally filed. In addition, you can use your bank account or credit card or apply for a payment contract online if you need more time to pay.

Use Form 9465 to request a monthly instalment payment contract (payment plan) if you are unable to pay the full amount listed on your tax return (or in a message we sent you). Most instalment payment agreements meet our optimized tempetaux payment criteria. The maximum duration of a streamlined agreement is 72 months. In some circumstances, you may have more time to pay or enter into an agreement for less than the amount of tax you owed. You will be charged interest and a late payment penalty for each tax that is not paid by the due date, even if your request for payment in instalments is accepted. Interest and any penalties are calculated until the balance is paid in full. For more information, see Theme 653, IRS Communications and Invoices, Penalties, and Interest Charges IRS.gov/TaxTopics/TC653. To limit interest and penalties, file your tax return on time and pay as much tax as possible with your return or termination. All payments received under the instalment payment agreement will be transferred to your account in the best interest of the United States. For more information about what to do when your instalment payment contract is terminated, see IRS.gov/CP523. A payment plan is an agreement with the IRS to pay the taxes you owe within a longer period of time.

You should apply for a payment plan if you think you can pay your taxes in full within the extended period. If you qualify for a short-term payment plan, you are not responsible for any user fees. If you do not pay your taxes when they are due, this may lead to the introduction of a federal tax deposit notification and/or an IRS tax remedy. . . .