IRS Charges More For Installment Agreements

IRS Charges More For Installment Agreements

The IRS has announced that effective Jan. 1, 2007, the following fees will increase:

The fee for new direct debit installment agreements, where payments are deducted directly from a taxpayer’s bank account, will increase from $43 to $52.


The fee for other new installment agreements will increase from $43 to $105.


The fee to restructure an existing or reinstate a defaulted installment agreement will increase from $24 to $45.

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