WHAT ARE PAYMENT PLAN COSTS AND FEES? SHORT TERM PAYMENT PLAN (PART III)

WHAT ARE PAYMENT PLAN COSTS AND FEES? SHORT TERM PAYMENT PLAN (PART III) 

Short term payment plan 

Pay amount owed in 180 days or less 

*Note – only individual taxpayers can apply for a short-term payment plan online. 

Payment Method After applying for a short-term payment plan, payment options include: · Pay directly from a checking or savings account (Direct Pay) (Individuals only) 

· Pay electronically online or by phone using Electronic Federal Tax Payment System (EFTPS) (enrollment required) 

· Pay by check, money order or debit/credit card 

Fees apply when paying by card 

· Apply online: $0 setup fee (individuals only) 

· Apply by phone, mail, or in-person: $0 setup fee (up to 180 days) 

· Plus accrued penalties and interest until the balance is paid in full 

(IRS Web Site Updated 08/25/22) (TTT 10/25/22)