I have an existing IRS installment agreement, but can only make a partial payment for what I owe for 2019. How should I pay the tax I owe this year?
If you owe taxes and make a partial payment, the IRS will charge interest on any unpaid balance. This applies to a balance not postmarked by July 15, 2020.
You can arrange another installment agreement to cover the balance for this year. If you do, contact the IRS to have the filing agreements consolidated.
Related Resources
Learn more about notice CP162, why you received the notice, and your options to address an IRS penalty with help from the tax experts at H&R Block.
If you are questioning “Why is my tax return so low?”, let the H&R Block tax experts explain what is affecting your refund. Learn more.
For many people, their status with the IRS is a mystery. Learn four ways to request your tax information from the IRS to make sure you're in good standing.
Learn more about IRS Letter 3666C, why you received the letter, and what it means for you with help from the tax experts at H&R Block.
