IRS Payment Plans: Installment Agreement Options
By IRS Taxpayer Advocate Service | 6 min read
Set up IRS payment plans to resolve tax debt. Installment agreement options and application process.
The IRS offers payment plans for taxpayers who cannot pay their full tax liability immediately. Options include: Short-term payment plan (120 days or less) with no setup fee, Long-term installment agreement with setup fees, Direct debit installment agreements with reduced fees, Offer in Compromise for settling tax debt for less than owed. Apply online through IRS.gov for fastest processing and lowest fees.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)