To request an installment agreement, the taxpayer must complete Form 9465. Form 9465 can be included electronically with an e-filed return or paper-filed.
While the IRS typically doesn't allow taxpayers to have two separate installment agreements, adding a new tax debt to an existing installment plan is possible. However, taxpayers must act swiftly before the IRS assesses the new tax balance and potential default occurs, triggering enforcement actions.
The Criminal Code makes it an offence to: (1) enter into an agreement or arrangement to receive interest at a rate exceeding 60 per cent; and, (2) actually receive interest at a rate exceeding 60 per cent.
Go to ftb.ca and search for installment agreement, select online and follow the instructions on the Installment Agreement – Apply Online page. Only newly assessed liabilities may qualify for an online installment agreement.
WHY THE IRS REJECTS INSTALLMENT AGREEMENT REQUESTS. The IRS typically rejects an installment agreement request for one of three reasons. If the IRS determines that your living expenses do not fall under the category of “necessary,” your agreement will more than likely be rejected.
You can send Form 9465 with the e-return, but the IRS must still approve the installment agreement form.