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aflagg311
New Member

I am having trouble with form 9465 not sure the amount to agree to pay if I don't figure this out I will have to mail my tax returns. Please help.

 
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MaryEllen
New Member

I am having trouble with form 9465 not sure the amount to agree to pay if I don't figure this out I will have to mail my tax returns. Please help.

You want to establish a monthly payment you can absolutely make every month, but not too small. You will be paying interest and penalties as long as you have a balance due. Try to pay off the taxes in 3 to 5 years at the most, the sooner the better.

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2 Replies
MaryEllen
New Member

I am having trouble with form 9465 not sure the amount to agree to pay if I don't figure this out I will have to mail my tax returns. Please help.

You want to establish a monthly payment you can absolutely make every month, but not too small. You will be paying interest and penalties as long as you have a balance due. Try to pay off the taxes in 3 to 5 years at the most, the sooner the better.

MaryEllen
New Member

I am having trouble with form 9465 not sure the amount to agree to pay if I don't figure this out I will have to mail my tax returns. Please help.

I am sorry you didn't find this helpful. Without knowing how much you owe, what your income is and your other debts, I cannot say how much you should pay. Divide the amount due by 12, 24, 36, 48, and 60 and see which payment you can afford to make.
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