Q) I received a notice stating i owe 1400 back taxes from 2009 they are giving me until the 30th of this month to pay. how can i setup a payment plan
A) There are a few ways to set up a payment plan with the IRS. You can:
- Call the IRS. You can call the IRS at 1-800-829-1040 and speak with a representative. The representative can help you set up a payment plan over the phone.
- Use the IRS website. You can use the IRS website to set up a payment plan online. To do this, you will need to create an account on the IRS website and then follow the instructions.
- Mail in a request. You can also mail in a request to set up a payment plan. To do this, you will need to fill out Form 9465, Installment Agreement Request, and mail it to the IRS.
No matter which method you choose, you will need to provide the IRS with some information, such as your name, address, Social Security number, and the amount of money you owe. You will also need to provide the IRS with a payment plan that you can afford.
The IRS may charge you a fee to set up a payment plan. The fee is usually $50, but it may be waived if you meet certain criteria.
Once you have set up a payment plan, you will need to make your payments on time and in full. If you miss a payment, the IRS may take further action, such as garnishing your wages or seizing your property.
If you are unable to make your payments, you should contact the IRS as soon as possible. The IRS may be able to work with you to modify your payment plan or to provide you with other assistance.
Here are some tips for setting up a payment plan with the IRS:
- Be prepared. Before you call or visit the IRS, gather all of the information you will need, such as your name, address, Social Security number, and the amount of money you owe.
- Be patient. The IRS is experiencing high call volume and it may take some time to get through to a representative.
- Be persistent. If you are unable to get through to a representative on your first try, keep trying.
- Be polite. The IRS representatives are there to help you, so be polite and respectful.
- Be honest. The IRS will be able to help you more if you are honest about your financial situation.
I hope this information is helpful. Please let me know if you have any other questions.