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mattbc
New Member

If I owed last year, and am on an installment plan, do I need to do anything special when filing this year?

I'm pretty sure I don't, but I just want to be sure: I owed taxes last year, and I'm currently on a payment plan. I definitely do NOT owe this year; are there any additional forms or anything I need to file, or do I just file as normal, including the amount I'm expecting as a "refund", and the IRS will send me the difference?

Additionally, if I end up overpaying, how long will it take the IRS to send me the difference, or would I have to contact them to claim it somehow?

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Accepted Solutions
WillK
Level 9

If I owed last year, and am on an installment plan, do I need to do anything special when filing this year?

You are correct. There is nothing you need to do except file your returns. The IRS will apply your refund from this year to your past due balance and send you a refund check for the difference. It can take up to 12 weeks until the IRS gets you the difference. 

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1 Reply
WillK
Level 9

If I owed last year, and am on an installment plan, do I need to do anything special when filing this year?

You are correct. There is nothing you need to do except file your returns. The IRS will apply your refund from this year to your past due balance and send you a refund check for the difference. It can take up to 12 weeks until the IRS gets you the difference. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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