topic What am I supposed to enter about making monthly payments on 11a slot in Get your taxes done using TurboTax

What am I supposed to enter about making monthly payments on 11a slot

jbrierly97 — Wed, 25 Mar 2020 21:13:39 GMT

Re: What am I supposed to enter about making monthly payments on 11a slot

DawnC — Wed, 25 Mar 2020 21:55:06 GMT

11a of what form and is it for federal or which state is it tor? What section are you completing in TurboTax?

Re: What am I supposed to enter about making monthly payments on 11a slot

Jbrierly1997 — Wed, 25 Mar 2020 21:57:19 GMT

Form 9465. It’s asking what I want to pay each month towards my taxes. I’ve tried all kinds of different numbers but it keeps saying that line needs to be fixed.

Re: What am I supposed to enter about making monthly payments on 11a slot

Jbrierly1997 — Wed, 25 Mar 2020 21:58:40 GMT

It’s federal

Re: What am I supposed to enter about making monthly payments on 11a slot

JamesG1 — Wed, 25 Mar 2020 22:08:26 GMT

I suspect that you need to enter a number within the parameters of the form instructions. The instructions for IRS form 9465 line 11b read:

“If the amount on line 11a is less than the amount on line 10 and you’re able to increase your payment to an amount that is equal to or greater than the amount on line 10, enter your revised monthly payment proposal on line 11b.

If the amount on line 11a is less than the amount on line 10 and you’re unable to increase your payment to the amount on line 10, check the box below line 11b and complete and attach Form 433-F.
If the amount on line 11a is equal to or greater than the amount on line 10 but the amount you owe (line 9) is greater than $25,000 but not more than $50,000, you must complete either line 13 or 14 if you don’t want to complete Form 433-F.
If you have defaulted on an installment agreement within the last 12 months, the amount you owe is greater than $25,000 but not more than $50,000, and the amount on line 11a (11b, if applicable) is less than the amount on line 10, you must complete Part II on page 2 of Form 9465.
If the amount on line 9 is greater than $50,000, complete and attach Form 433-F.”

IRS form 9465 is here.

Re: What am I supposed to enter about making monthly payments on 11a slot

Jbrierly1997 — Wed, 25 Mar 2020 22:13:45 GMT

I’ve put plenty of numbers in the slot ranging from 0-200 and it still won’t accept. Also it won’t let me type anything in on any of the other slots

Re: What am I supposed to enter about making monthly payments on 11a slot

JamesG1 — Wed, 25 Mar 2020 22:37:25 GMT

The explanation on line 11a of IRS form 9465 reads as follows:

“Enter the amount you can pay each month. Make your payment as large as possible to limit interest and penalty charges, as these charges will continue to accrue until you pay in full. If you have an existing installment agreement, this amount should represent your total proposed monthly payment amount for all your liabilities. If no payment amount is listed on line 11a, a payment will be determined for you by dividing the balance due on line 9 by 72 months.”

Are you able to enter a payment amount that is the line 9 amount divided by 72 months?

Re: What am I supposed to enter about making monthly payments on 11a slot

Jbrierly1997 — Wed, 25 Mar 2020 22:45:59 GMT

Line 9 just says 0.

Re: What am I supposed to enter about making monthly payments on 11a slot

JohnB5677 — Wed, 25 Mar 2020 23:03:12 GMT

The purpose of this form is to make installment payments on federal taxes that you currently owe. If line 9 shows zero, It means you do not owe any tax. If that is true, you do not need an Installment agreement.

I suggest you first confirm that you do not owe any Federal taxes. Then go back through the FILE process and de-select the Installment agreement.