Form 9465 lets individuals and businesses ask the IRS for a monthly installment plan on unpaid federal taxes. You propose a payment amount and a preferred due date each month. Paying by direct debit from a bank account lowers your IRS setup fee and reduces the risk of a missed payment.
Eligibility depends on your total balance. If you owe $50,000 or less in combined taxes, penalties, and interest, you may qualify for a streamlined agreement online. If your balance is between $50,001 and $100,000, you can still apply online for an extended installment agreement. Balances above $100,000 typically require a separate financial statement on Form 433-A to give the IRS a full picture of your finances.
The IRS generally sends an approval notice within 30 days of receiving your completed Form 9465. Your first payment is due within 30 days of that approval. Penalties and interest continue to accrue on your unpaid balance while the agreement is in effect, so submitting Form 9465 promptly after receiving an IRS bill reduces your total cost.
The standard user fee to set up an installment agreement is $225. Low-income taxpayers and those who choose direct debit pay a reduced fee of $43. If you miss a scheduled payment, the IRS may default your agreement and pursue collection actions. You can request a modification if your financial situation changes significantly.
| Question | Answer |
|---|---|
| Form Name | 9465 FS Form |
| Form Number | IRS Form 9465 |
| Issuing Authority | Internal Revenue Service (IRS) |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Last Revised | September 2020 |
| Streamlined Agreement Threshold | $50,000 or less |
| Setup Fee (standard) | $225 |
| Setup Fee (direct debit) | $43 |
| Other names | tax 9465 printable form, irs form 9465, irs installment agreement form 9465, tax 9465 |
