When you file your taxes, TurboTax will ask you How would you like to pay your federal taxes? One of the options are to Request an IRS payment Plan. TurboTax will walk you through the steps to setup your payment plan.
The monthly minimum payment for an installment plan is your balance due divided by 72. Refer to the TurboTax article What is the Minimum Monthly Payment for an IRS Installment Plan? for additional information.
There are several options when you have a tax bill that you don't have the money to pay. Refer to the following articles: How to Pay Taxes: 10 Ways to Pay Your Tax Bill, Unable to Pay Your Tax Bill? Here’s What To Do, and the IRS article What if I can’t pay my taxes?
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