How to Apply and Get an IRS Installment Agreement


by Joe Valinho on November 24, 2020  0 Comment

How to Apply and Get an IRS Installment Agreement
A large number of taxpayers choose an Installment Agreement payment plan to resolve their back taxes. This IRS plan allows you to pay your back taxes in monthly installments. If you cannot pay your full back taxes in a single lump-sum payment but can pay it back monthly, then an Installment Agreement may be the right plan for you. How Can I Qualify for an Installment Agreement? There are many types of Installment Agreements the IRS offers. These are:Guaranteed Installment Agreement Streamlined Installment Agreement Partial Payment Installment Agreement Non-Streamlined Installment AgreementEach type of Installment Agreement has their own qualifying factors that you need to meet to enter the agreement. Along with these basic requirements, there may be certain ...