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Level 1
June 4, 2019
Question

I owe 2700$ for my fed return. Agreed for 700$ by 4/7/19,rest monthly payment and it got approved. Now I don't think I'll be able to pay 700$ by 7th. What to do?

  • June 4, 2019
  • 1 reply
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1 reply

Level 10
June 4, 2019

You can file a revised Application for an installment agreement.  Generally, if you propose to pay off the amount within a year, the IRS will approve your application.  

Here is the IRS web page to Apply For or Revise Your Payment Plan