I can't afford to pay my entire balance at one time at the present moment. However, I will be able to cover it within 6 months. Should I still set up a payment plan?

[lilherbig12]

I saw something saying the payment plan is more appropriate if you would need several years to pay the balance off.  I expect to have the balance covered in six months, is it still good to get a installment plan?

[PhilipK · Accepted solution]

Yes.

To request a payment plan go here:

https://www.irs.gov/individuals/payment-plans-installment-agreements

You may always pay it off early if you choose.

I hope this helps