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No. Estimated tax payments are for future tax years, whereas payment plans are for the inability to pay tax due for a prior tax year. Generally, taxpayers have to make estimated tax payments if they expect to owe tax of $1,000 or more when their return is filed.
For more information on IRS payment plans and how to set one up with the IRS, please see Payment Plans Installment Agreements.
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March 24, 2021
11:35 AM