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posted Jun 1, 2019 10:44:02 AM

Form 9465: Minimum payment plus line 8 cant exceed the amount due. Maxium payment not exceed over 0 ?

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1 Replies
Not applicable
Jun 1, 2019 10:44:06 AM

Look at the form: https://www.irs.gov/pub/irs-pdf/f9465.pdf

Perhaps if you see how the calculation happens, you'll see what the question is asking. You pay something at first. That amount gets subtracted from your amount due. The remaining amount gets divided by 72, the number of months you'll make minimum payments.