IRS Installment Agreement Basics

By Nehemiah Jefferson, Esq., LL.M.

If you cannot pay your tax debts for full, you may be able to qualify for an IRS payment plan. In order for you to obtain an IRS installment agreement, you must be compliant with your filing and withholding requirements.

One thing that you should be aware of is if you agree to an installment agreement and then you incur new IRS tax debt, your agreement will be at risk of termination unless you pay the new debt in full. Use Form 9465 to apply for an IRS individual installment payment plan.

Hire a tax attorney the moment you receive a notice for which you cannot pay. Only an attorney can provide the most complete legal advice.

Nehemiah Jefferson, Esq., LL.M., is Principal of Esquire Tax Firm PLLC. The firm practice areas include Civil and Criminal Tax Representation, Estate Planning, Probate, and Business Planning. He earned his Bachelor’s degree from The Florida State University, his Juris Doctor from John Marshall Law School (Atlanta), and LL.M. in Taxation from the University of Alabama. Attorney Jefferson is licensed to practice law in the State of Florida, Texas, The District of Columbia, and is a member of the United States Tax Court Bar. He may be reached at www.esqtaxfirm.com.