The IRS has issued final regulations that increase the fees for entering into an installment agreement for paying taxes, effective for agreements entered into after 2016. The final regulations adopt the proposed regulations released last August. The regular fee for taxpayers entering into an installment agreement in person, over the phone, by mail, or by filing Form 9465 jumps from $120 to $225, or from $52 to $107 if payments are made by direct debit from a bank account. However, reduced fees apply if the request is made during the Online Payment Agreement application on the IRS website. The fee for low-income taxpayer agreements remains at $43, but is reduced to $31 if the taxpayer enters into a direct debit online payment agreement.
IRS Issues Final Regulations on Installment Agreement Fees
April 12, 2017 by