If you`ve set up an IRS installment agreement to pay off your tax debt, you may be wondering how to check the remaining balance. Fortunately, the process is straightforward and can be done online or over the phone.
Checking Your Installment Agreement Balance Online
To check your installment agreement balance online, you`ll need to create an account on the IRS website. If you haven`t already done so, navigate to the “Get Transcript Online” page and follow the prompts to create your account. Once you`re logged in, you can view your account information, including your installment agreement balance.
Here`s how to check your balance:
1. Log in to your IRS account.
2. Click on “View Your Account” on the main page.
3. On the next page, click on “Installment Agreement” under the “Payment Plan” section.
4. You`ll then see a page with your balance information, including the total amount you owe, the amount you`ve paid, and the remaining balance.
Checking Your Installment Agreement Balance Over the Phone
If you prefer to check your balance over the phone, you can call the IRS at 1-800-829-1040. When prompted, choose the option for “balance due” and then follow the instructions to speak to a representative.
Here`s what you`ll need to have ready when you call:
– Your Social Security number or taxpayer ID number
– Your installment agreement number (if you have it)
– Your bank account information (if you want to make a payment over the phone)
The representative will be able to provide you with your balance information and answer any questions you have about your installment agreement.
In Conclusion
Checking your IRS installment agreement balance is a simple process that can be done online or over the phone. By knowing how much you owe, you can stay on top of your payments and make sure you`re staying on track to pay off your tax debt.