turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can i make payments 2 years in a row on taxes owed

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
SherekaB
New Member

Can i make payments 2 years in a row on taxes owed

Yes, you can include the new balance (tax liability) in the current installment agreement.  There will only be one installment agreement which includes all of the tax years that you owe. You will want to contact the IRS as soon as possible to have it included because a new balance will automatically default your current agreement (It is one of the terms and conditions.)

1-800-829-1040


View solution in original post

1 Reply
SherekaB
New Member

Can i make payments 2 years in a row on taxes owed

Yes, you can include the new balance (tax liability) in the current installment agreement.  There will only be one installment agreement which includes all of the tax years that you owe. You will want to contact the IRS as soon as possible to have it included because a new balance will automatically default your current agreement (It is one of the terms and conditions.)

1-800-829-1040


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies