With the Installment agreement, you can make the payment of your tax liability in smaller, more manageable amounts. Installment agreements generally equal monthly payments that will result in full payment of the tax you owe.
If you cannot pay your tax in full by the end of the collection period, but you can pay some of the tax you owe, you may qualify for a partial payment installment agreement.
To be eligible for an installment agreement, you must first file all required returns. All returns of which the tax return due date has passed must be filed. We can help you with the preparation and filing of your unfiled returns. The IRS will charge a user fee to set up an installment agreement. The fee is $52 for direct debit installment agreements, where payments are deducted directly from your bank account or $105 for all other agreements.