Hi! We currently have an installment agreement in place for our federal taxes. We will owe again this year, and I'm not sure yet how I am paying it in full. Does anyone know, if I call the IRS and agree to pay the balance for 2016 in full within their 120 day guideline, will that put my current agreement in default?
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Current installment agreement already and will again owe this year
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The IRS will usually warn you in advance. I did an extension one year while I had an open OPA. The extension did not affect the OPA. I don't know if my situation was different or if the rules changed since 2008.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
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Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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