I have an existing IRS installment agreement, but can only make a partial payment for what I owe for 2020. 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 April 15, 2021.
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.
The time it takes to get an IRS agreement depends on your situation, the agreement type, and how you interact with the IRS. Learn more from H&R Block.
Learn what the IRS is looking for during an audit, the steps you should take to prepare for an IRS audit, and when it's best to get expert help.
If the IRS has rejected your amended return, let the experts at H&R Block walk you through the steps for handling a denied amended return.
There was not sufficient funds in your checking account to cover your monthly payment. Learn more about IRS notice CP166 from the tax experts at H&R Block.