Investors & landlords

yes i will. and yes i could pay it off in probably 2 years or less. I am confused by Mikes answer- he says not likely i would get an installment agreement approved in the first place if i was able to pay most of it up front but decided not to and opted for the installment so as to protect my means of survival.

 

As per the IR website's online installment agreement application - they are approved without any further investigation into whether you can pay a lump sum up front or not - so long as it is under 50,000.00

 

I am worried i wouldnt get an installment agreement approved for 2021 since I am late on 2020 taxes and have not filed those either, due to health problems, though im likely due a refund on those so