Streamlined Installment Agreements

A Streamlined Installment Agreement is the best option for paying the IRS tax debt if your debt is below $50,000. Unlike other payment plans, if you qualify for a Streamlined Installment Agreement, you do not have to provide the IRS financial information such as your income, expenses, or equity in assets. However, the balance must be paid off within six years or before the Collection Statue Expiration Date. Interests and penalties may still be issued by the IRS until the full amount is paid.

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