I'm not sure! Your individual tax situation will be considered to determine if a payment plan is appropriate.
The plan may require:
- Full payment,
- A short-term payment plan (paying in 180 days or less) or
- A long-term payment plan (installment agreement) (paying monthly).
If you want to apply for an installment agreement,
- I suggest you file both your 2022 and 2023 tax returns.
- Pay as much as you can.
- Then make the agreement for both years.
- You will not only have to pay the agreed upon back taxes.
- Your agreement will be revoked if you don't keep up to date with your current taxes.
If you have an existing installment agreement you should contact the IRS immediately.
- You can call toll-free at 800-829-1040 or contact a Taxpayer Assistance Center Local IRS Office.
See a sample of FORM 9465.
Please refer to the TurboTax article Can I set up a payment plan for my taxes?
Also see the IRS publication Apply Online for a Payment Plan
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