There are three basic installment plans offered by the IRS:
Short-term Payment Plan (120 days or less)
- $0 setup fee
- Plus accrued penalties and interest until the balance is paid in full
After applying for a short-term payment plan, you can pay the amount owed directly from your checking or savings account (Direct Pay) or by check, money order or debit/credit card.
Fees apply when paying by card.
Long-term Payment Plan (Installment Agreement) (Pay in more than 120 days with monthly payments)
Pay monthly through automatic withdrawals
- $31 setup fee (low income: setup fee waived)
- Plus accrued penalties and interest until the balance is paid in full
Pay amount owed through Direct Debit (automatic payments from your checking account). Also known as a Direct Debit Installment Agreement (DDIA). This is required if your balance is more than $25,000.
Pay each month (non-Direct Debit)
- $149 setup fee (low income: $43 setup fee that may be reimbursed if certain conditions are met)
- Plus accrued penalties and interest until the balance is paid in full
After applying for a long-term payment plan, pay amount owed through non-Direct Debit (not automated) monthly payments, including payments directly from your checking or savings account (Direct Pay) or by check, money order or debit/credit card.
Fees apply when paying by card.