Does my long-term payment plan affect my current tax refund?

proexcellence427 · ‎April 18, 2025

Vanessa A

Yes. If you have a tax refund for this year, the IRS will generally keep the refund and apply it to your payment plan balance.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

xmasbaby0

If you are on a payment plan, but are getting a refund for 2024, the IRS will take your 2024 refund and apply it toward the amount you owe from the past year. You do not have to enter anything on your tax return about that. The IRS will take care of it automatically and send you a letter a few weeks later.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Expert does your taxes

Do it yourself

Resources

Support

Does my long-term payment plan affect my current tax refund?