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I owe taxes for the past 5 years. Do I have to create separate payment plans for each year or one payment plan for total amount I owe for all 5 years?
I have all of the paper work done and ready to send but I'm unsure if I fill out one payment plan form for 5.
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I owe taxes for the past 5 years. Do I have to create separate payment plans for each year or one payment plan for total amount I owe for all 5 years?
Do not send all of those tax returns to the IRS in the same envelope. Make sure you send them separately, each in its own envelope. Use a mailing service that will track them so you know they are received by the iRS--such as certified mail, UPS, or Fedex. You will hear from the IRS about the penalties you owe for filing so late if you have owed taxes for 5 years. When you know the amount, you can probably set up a payment plan for what you owe.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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I owe taxes for the past 5 years. Do I have to create separate payment plans for each year or one payment plan for total amount I owe for all 5 years?
Well there's a Installment Agreement Request (Form 9465) that I was told to fill out but I'm unsure if I have to fill out this form for each individual year or one form for the total amount I owe for all 5 years.
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I owe taxes for the past 5 years. Do I have to create separate payment plans for each year or one payment plan for total amount I owe for all 5 years?
Form 9465 allows you to address multiple years. Form/Instructions: <a rel="nofollow" target="_blank" href="https://www.irs.gov/uac/about-form-9465">https://www.irs.gov/uac/about-form-9465</a> See Part I, Line 1
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I owe taxes for the past 5 years. Do I have to create separate payment plans for each year or one payment plan for total amount I owe for all 5 years?
Yes ... read the form carefully ...
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