vitito305
New Member

IRS Installment Payments

I have a installment agreement where the IRS directly deducts payment out of my account. I just made a payment a few days before the deduction was schelued. Will they still withdraw this months payment even though I already paid this month? My problem is I wasnt sure the funds would be available on the scheduled day of withdraw so I decided to pay early. What if they still try to withdra and the funds are not available even though I already made a payment?

Get your taxes done using TurboTax

Yes they will take the payment even though you already made a payment this month ... however have you gotten any reply on the installment agreement request you made ?  Next time, instead of completing the 9465 thru the TT system, do it directly at the IRS web site ... there you will get an instant acceptance or rejection. 

Payment plans take weeks to approve so the payment will not happen until then ... they will send you a letter when they decide but for now you can expect the payment to happen anytime now ...  OR  you can make payments directly on the IRS web site now ...https://www.irs.gov/payments


You can check on the plan or adjust the plan here :   https://www.irs.gov/payments/online-payment-agreement-application#ibtn