The 1% payment plan is a way to fulfill the aspirations of every expat in Dubai to possess their own dream home and relish the luxuries this vibrant city has to offer. Apart from a small down payment of around 20%, the buyers have to make a monthly payment of 1%, and the balance is collected once the building is ready.
If you don't qualify for an IA through OPA, you may also request an IA by submitting Form 9465, Installment Agreement Request, with the IRS.
You can send Form 9465 with the e-return, but the IRS must still approve the installment agreement form.
If you don't qualify for an IA through OPA, you may also request an IA by submitting Form 9465, Installment Agreement Request, with the IRS. When you request an IA using the form, generally, you'll receive a response from the IRS within 30 days notifying you of whether the IA request was approved or rejected.
Form 9465 can be included electronically with an e-filed return or paper-filed. When filing a paper return, complete Form 9465, attach it to the front of your client's return before mailing. They should receive a response to the request for installment payments within 30 days.
Or: For individual tax returns, call 1-800-829-1040, 7 AM - 7 PM Monday through Friday local time. The wait time to speak with a representative may be long. This option works best for less complex questions.