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Level 1
posted Apr 13, 2024 4:45:53 PM

I am already on a payment plan with the irs and now I owe again

I’m already on current payment plan for previous years taxes. I just did mine this week for the current year using TurboTax and I owe again. Am I going to be in automatic default again because I owe again? Or is there a form I’m supposed to submit along w my current taxes?? What do I do?

0 2 4414
2 Replies
Expert Alumni
Apr 13, 2024 4:58:06 PM

If you had been approved for a payment plan with the IRS, you may be able to modify that payment plan to include this years tax as well.

IRS LINK

 

I suggest you put yourself on a budget and account for the tax you'll need to pay on your income. 

If you are self-employed, make estimated payments as you earn income. 

Level 15
Apr 13, 2024 5:46:57 PM

IRS used to say you'd be in default

but they appear to be more lenient.

See link above.

 

Note their comment that online application gets faster processing

@lsrose06