turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I spread my taxes over a period of years?

 
1 Best answer

Accepted Solutions
MichaelDC
New Member

Can I spread my taxes over a period of years?

Are you asking if you can pay your balance due over time? Then, the answer is yes. However...

The best thing you can do is pay it before April 18 this year. If you can't you can fill out Form 9465 Installment Agreement Request. You will be liable for penalties and interest.

Understand your agreement & avoid default

  • Your future refunds will be applied to your tax debt until it is paid in full;
  • Pay at least your minimum monthly payment when it's due;
  • Include your name, address, SSN, daytime phone number, tax year and return type on your payment;
  • File all required tax returns on time & pay all taxes in-full and on time (contact us to change your existing agreement if you cannot);
  • Make all scheduled payments even if we apply your refund to your account balance; and
  • Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address (PDF).

To get to Form 9465, go through the File section of TurboTax until you reach the screen How do you want to pay your federal taxes? (You won't see this screen if you owe $0 or are getting a refund.)

Then, select the installment payment plan option, select Continue, and follow the onscreen instructions.

 For complete information, see https://www.irs.gov/individuals/payment-plans-installment-agreements

View solution in original post

1 Reply
MichaelDC
New Member

Can I spread my taxes over a period of years?

Are you asking if you can pay your balance due over time? Then, the answer is yes. However...

The best thing you can do is pay it before April 18 this year. If you can't you can fill out Form 9465 Installment Agreement Request. You will be liable for penalties and interest.

Understand your agreement & avoid default

  • Your future refunds will be applied to your tax debt until it is paid in full;
  • Pay at least your minimum monthly payment when it's due;
  • Include your name, address, SSN, daytime phone number, tax year and return type on your payment;
  • File all required tax returns on time & pay all taxes in-full and on time (contact us to change your existing agreement if you cannot);
  • Make all scheduled payments even if we apply your refund to your account balance; and
  • Ensure your statement is sent to the correct address, contact us if you move or complete and mail Form 8822, Change of Address (PDF).

To get to Form 9465, go through the File section of TurboTax until you reach the screen How do you want to pay your federal taxes? (You won't see this screen if you owe $0 or are getting a refund.)

Then, select the installment payment plan option, select Continue, and follow the onscreen instructions.

 For complete information, see https://www.irs.gov/individuals/payment-plans-installment-agreements

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing

Related Content

Manage cookies