@Bsch4477
Thanks.
For long term payment plan, it is for less than $50k only? What if long term payment plan for a lot more money?
I don't understand: why short term payment plan is for less than 100k while long term payment plan for less than 50k? If owing more money, it will take longer to pay off.
Online payment plans include:
- Short-term payment plan – The payment period is 120 days or less and the total amount owed is less than $100,000 in combined tax, penalties and interest.
- Long-term payment plan – The payment period is longer than 120 days, paid in monthly payments, and the amount owed is less than $50,000 in combined tax, penalties and interest.
