Yes, you will be given the option to set up a Payment Installment Plan with the IRS when you go through the interview to file your return when you get to the screen where is asks How Do You Want to Pay Taxes Owed?
OR: You can apply for Online (or fill out the form) from the IRS, see the following
TurboTax Product Support
Hello Aregelsky, TurboTax will offer a payment plan if your state allows payments . You can also go through this link from the IRS website to start a payment plan: http://www.irs.gov/Individuals/Online-Payment-Agreement-Application.
I hope this helps! :)
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