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.
Small businesses have extra tax rules – and potentially more IRS audits and notices. Get the facts from the tax experts at H&R Block.
When your tax return is under examination, the auditor sends an information document request (IDR) to request information to complete the audit. Learn more from H&R Block.
When you need to file your federal income tax return, come to H&R Block. We'll help you file taxes at home or at our offices. Get started today!
Learn more about notice LT40, why you received it, and how to handle an IRS bill for unpaid tax with help from the tax experts at H&R Block.