Educational Tax Tip: How to Add to an IRS Installment Agreement

Do you know what to do if you already have a payment plan with the IRS but owe more taxes? Since you can’t have two active plans at once, you must amend your existing agreement to include the new balance. The IRS offers different ways to do this, like online, by calling them, or by visiting a local IRS office and submitting Form 9465. If you can’t afford the new monthly payment, you may need to file Form 433-F, which could open the door to other solutions like an Offer in Compromise.

Need help updating your IRS payment plan? Visit our website and contact us today for expert guidance and support!  https://bratinitaxservices.com