LEGAL GUIDE
Written by attorney Mary Elizabeth King

What if I miss an IRS installment agreement payment?

If you miss an IRS installment agreement payment or you think you’re going to miss an IRS installment agreement payment, you need to contact the IRS right away to advise them that you’re going to miss this payment. If you don’t tell them and you miss the payment, then they may default your installment agreement and at that point you’d have to start all over doing the financial process to set up a new installment agreement.

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