Payment Options and Installment Agreements Form 9465

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Balance Due on Tax Return

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Payment Basics

• Taxpayers don’t have to pay if balance due is less than $1.

• Payment in full is due by the April filing due date to avoid interest and penalties.

• Taxpayer should file his or her return by the filing due date, including extensions to avoid a failure-to-file penalty.

• There are separate penalties for filing late and paying late. The late filing penalty is higher.

• Advise taxpayers to file the return/payment on time, even if they can’t pay the full amount owed.

•They should pay as much as they can with the return to reduce penalties and interest. For more information on interest and penalties, see Tax Topic No. 653 (www.irs.gov/taxtopics/tc653)

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PENALTIES

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PAYMENT OPTIONS - BALANCE DUE TAX RETURN

FILING OPTIONS

TAXPAYER CAN PAY THE BALANCE

• e-FILE DIRECT DEBIT
• e-FILE PRINTED VOUCHER
• PAPER RETURN WITH VOUCHER
• CHECK
• MONEY ORDER

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TAX PAYER CANNOT PAY THE FULL BALANCE

• SAME OPTIONS AS ABOVE, BUT “SHORT PAY” BALANCE
• IRS WILL CONTACT TP TO DEVELOP A PAYMENT PLAN -GENERALLY UP TO 180 DAYS
• e-FILE - DIRECT DEBIT -
• “SHORT PAY” BALANCE
• WORK WITH TP TO COMPLETE FORM 6465 - INSTALLMENT AGREEMENT REQUEST
• UP TO 72 MONTHS TO PAY

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CLICKING ON E-FILE MAY GIVE YOU WARNINGS

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FORM 2210 IS 00S

E-FILING FORM 9465 - INSTALLMENT AGREEMENT REQUEST

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FORM 9465

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MARY NEWELL - EXAMPLE

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MARY NEWELL - EXAMPLE

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MARY NEWELL - EXAMPLE

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MARY NEWELL - EXAMPLE

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MARY NEWELL - EXAMPLE

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AGEEMENT ATTACHED TO 1040

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IRS HAS MULTIPLE WAYS TO PAY

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ADVISE TP TO GO TO WWW.IRS.GOV

WWW.IRS.GOV

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IRS.GOV

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