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idawkrizman
Level 3
March 23, 2020
Solved

Is there a way to create a short term payment plan on Proconnect Online?

  • March 23, 2020
  • 1 reply
  • 17 views
Client owes over $1,000 but can only pay half now and half over the next few months. Wants to set-up a short-term payment plan.
This topic has been closed for replies.
Best answer by itonewbie

This may be what you're looking for? https://proconnect.intuit.com/community/help-articles/help/request-an-installment-agreement-using-form-9465/00/3386

You may also like to refer to the IRS website for more info: https://www.irs.gov/payments/payment-plans-installment-agreements

 

1 reply

itonewbie
itonewbieAnswer
Level 15
March 23, 2020
---------------------------------------------------------------------------------Still an AllStar
April 12, 2020

This solution addresses an installment payment plan (long-term payment plan), which triggers Form 9465, not the short-term payment plan (i.e., payment within 120 days or less). 

idawkrizman
Level 3
April 12, 2020

We prepared the form.  The taxpayer must propose what they can/want to pay.  Based on the amount, it would be short-term or long-term.  This is just an application.  From what we saw, the IRS will finalize any agreement with the taxpayer.