What if you already have an existing payment plan?

I have an existing payment plan from last year. Do I need to open a new one for this years taxes?

posted

Connect with an expert

1 Reply

What if you already have an existing payment plan?

The IRS only allows one payment plan at a time. So if you have one from last year, and need one for this year, you should call and cancel your other installment plan, and then get a new one that takes the balance from last year and adds this year to it.

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

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post