Streamlined Installment Agreement

If you owe less than $10k, this is the game plan.

If you personally owe less than $10,000 (including penalty and interest) in tax debt, you may qualify to set up a long-term payment plan (known as a streamlined installment agreement) with the IRS without providing detailed information about your financial situation.

First, Do You Qualify?

You are taking the first step towards tax debt relief

Must have filed all required tax returns (usually the past six years).

You are not currently on an installment agreement with the IRS.

You are not in a current bankruptcy or planning on filing bankruptcy soon.

You can afford to pay off your tax debt within seventy-two months (six years) or by the Collection Statute Expiration Date (this can be obtained by calling the IRS), whichever comes first.

If you don’t meet these qualifications, speak to an Omni Tax Specialist immediately.

Get a Free Consultation

If You Qualify, Here’s What You Need in Order to Apply:

The following information is needed to apply for a payment plan online:

Valid Identification Information
Including your name and address as it appears on your tax documents, valid email address, date of birth, filing status, and your social security number or Individual Tax ID Number (ITIN)

Confirm Your Identity
To do so, you will need your financial account number, mobile phone registered in your name, or an activation code received by postal mail (takes 5-10 business days). You will also be required to provide a photo ID and create an ID.me account.

If you previously registered for an Online Payment Agreement, Get Transcript, or any Identity Protection PIN (IP PIN), you should log in with the same user ID and password. You will need to confirm your identity by providing the additional information listed above if you haven’t already done so.

How to apply for a streamlined installment agreement

Detailed instructions can also be found on the IRS website.

File all tax returns for the past 6 years.

Determine the amount you can pay each month.

The payment amount must pay the total tax debt within 72 months or by the Collection Statute Expiration Date, whichever comes first.

Apply either online or through the mail.

To apply online, use the IRS Online Payment Agreement Application. To apply through the mail, use IRS Form 9465.

Fees may apply.

There is a fee involved with most IRS installment agreements. The fee can be waived if you are considered by the IRS to be a low-income taxpayer.

Visit the IRS website for the most up-to-date information about which fees apply to your situation.

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