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Terminate Installment Agreement (9465)
Hello!
I recently filed 2019 taxes about a week ago. Since I owed quite a bit I requested an Installment Agreement and filled out Form 9465 in TurboTax. I don't believe I have gotten any confirmation from IRS that this was approved yet. To my surprise, I am getting a loan from my parents to instead just pay off the entire amount owed... so I no longer need the installment plan. How can I go about terminating my request? Is there a way to amend it in TurboTax? I read somewhere that you can only request an installment plan like once every 5 years, so I don't want this request to count if that makes sense. Any help would be appreciated.
Thanks,
Steve
Topics:
May 21, 2020
1:04 PM