If you have a “surprise” large balance due to the Internal Revenue Sevice, you may qualify to make payment arrangements with the Department of Treasury (even if it wasn’t a “surprise”).

Individuals who owe less than $50,000 in combined tax, penalties, and interest, and are current on all tax filing requirements can qualify for an installment agreement with the IRS.

How do you apply?

You can set up your payment agreement online (http://www.irs.gov/Individuals/Online-Payment-Agreement-Application) or by using Form 9465 (http://www.irs.gov/pub/irs-pdf/i9465.pdf) and mailing it in.

To apply online have the following information available:

  • Name
  • Valid Email Address
  • Address from most recently processed tax return
  • Date of birth
  • Filing Status
  • Social Security Number (and spouse’s if filing jointly) or Individual Tax ID Number
Businesses who owe less than $25,000 or less in combined tax, penalties and interest for the current year or last year’s liabilities, and filed all required returns.
How do you apply?

You can set up your payment agreement online (http://www.irs.gov/Individuals/Online-Payment-Agreement-Application) or by using Form 9465 (http://www.irs.gov/pub/irs-pdf/i9465.pdf) and mailing it in.

To apply online have the following information available:

  • Employer Identification Number
  • Date your EIN was assigned
  • Address from most recently processed tax return
  • Your Caller ID from notice
Both Businesses and Individuals can receive assistance from our office in completing these form. For assistance contact our office at 805-743-4960.

logo-footer

STAY CONNECTED WITH US: