Your specific tax situation determines the payment options available to you. Payment options include full payment, a short-term payment plan (payment in 120 days or less) or a long-term payment plan (installment contract) (payment in more than 120 days). Here`s a guide to all types of instalment payment agreements – and how to start finding the right one for you. You can also outsource the work to a tax professional who can review your situation to determine the right option — and even request the IRS remittance agreement for you. You can view the details of your current payment schedule (type of agreement, due dates, and amount you need to pay) by logging into the online payment agreement tool. Your individual tax situation and future income prospects will determine which of the following tax payment plans is available to you. Important: If you have not filed your current year tax return or tax refunds, do so as soon as possible, as penalties and interest charges for late filing are generally higher than penalties and interest charges for late filing. Use the penalTYucator eFile.com for more details on the tax penalty. The following table lists the types of payments that individual taxpayers can make with IRS Direct Pay, as well as usage tips, including options you can select on the Tax Information form. If you are not eligible for a payment plan through the online payment agreement tool, you may still be able to pay in installments.


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