Page 14 - Tax Day Reminders
P. 14

Here are the steps a taxpayer should


                                                                                        t
                                                            take when they can? pay a tax bill:

                                                               1. File their tax return or request an

                                                                   extension of time to file by the
                                                                   deadline.

                                                               2. Pay as much as possible by the

                                                                   April due date.
                                                               3. Review options the IRS offers to

                                                                   help taxpayers:

                                                               -   Payment plans -- Taxpayers
                                                                   canapply for a payment planon

                                                                   IRS.gov or in writing usingForm

                                                                   9465,      Installment Agreement
                                                                   Request.

                                                               -   Offer in Compromise -- AnOffer in

                                                                   Compromiselets taxpayers settle
                                                                   their tax debt for less than the

                                                                   full amount they owe. It may be

                                                                   an option if they can't pay their
                                                                   full tax      liability or doing so

                                                                   creates a financial hardship.

                                                                   Taxpayers can see if      they're
                                                                   eligible and prepare a preliminary

                                                                   proposal with theOffer in

                                                                   Compromise Pre-Qualifier Tool.
                                                               -   Penalty relief -- Taxpayers may

                                                                   qualify forpenalty reliefif they

                                                                   tried to comply      with tax laws
                                                                   but were unable due to

                                                                   circumstances beyond their

                                                                   control.
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