For a debit contract, you must provide your current account number, bank code and written authorization to initiate automatic payment. If you apply with the OPA app, contact us by phone or in person (by appointment only) or send us Form 9465 PDF with your current account number and bank code. You can view your current amount and payment history by reporting your tax account. Displaying your tax account requires an identity authorization with security checks. Enter one to three weeks (three weeks for non-electronic payments) until a recent payment is credited to your account. Long-term payment plans without automatic payments can be paid in more than 120 days. The payment methods you can use are direct payments from your current account, cheques, payment instructions or a debit/credit card. Application fees for this plan vary depending on how you apply. The online installation fee is $149. If you apply by phone, mail or in person, the installation fee is $225. No matter how you apply, if you are entitled to a low income, the tax will be $43 and could be refunded if the conditions are met. Accrued interest and penalties are paid until the balance is paid in full. If you cannot pay in full under a temperate contract, you can offer a partial rate agreement (PPIA) or a compromise offer (OIC).
An IIMP is an agreement between you and the IRS that provides less than the full payment of the tax debt until the expiry of the collection period. An OIC is an agreement between you and the IRS that solves your tax debt by paying an agreed reduced amount. Before the IRS considers an offer, you must have submitted all tax returns, made all estimated payments required for the current year and have made all necessary federal tax filings for the current quarter, if the taxpayer is a contractor with collaborators. Taxpayers in open bankruptcy proceedings are not entitled to enter into an OIC. Use the "Offer before qualifiers" tool to confirm authorization and ensure the use of current application forms. For more information on ICOs, see theme 204. If you can`t pay the full amount owed, pay as much as possible and visit www.irs.gov/payments to check our online payment options. If you cannot pay your balance immediately or within 120 days, you can qualify for a monthly payment (including staggered payment).