How Do I Find Out the Balance of My Irs Installment Agreement

As a taxpayer, it`s important to keep track of the balance of your IRS installment agreement to avoid any missed payments or late fees. The good news is that finding out the balance of your installment agreement is a fairly simple process. Here are the steps you can take:

1. Log in to your IRS account: The first step is to log in to your IRS account. This is where you can access all of your tax information, including your installment agreement balance. If you don`t have an account, you can set one up online by going to the IRS website and clicking “Create an account.”

2. Check your account summary: Once you log in, you will see a summary of your tax account. Look for the “Installment Agreements” section, which should have your current balance listed. If you have multiple installment agreements, make sure you select the correct one.

3. Contact the IRS: If you`re having trouble finding your balance online, you can contact the IRS directly. You can call the automated toll-free number at 1-800-829-1040 and follow the prompts to get information on your installment agreement balance. You can also speak to a representative during regular business hours.

4. Review your payment history: Another way to find out your balance is to review your payment history. This will give you an idea of how much you`ve paid so far and how much is left to pay. You can find your payment history in your IRS account or by contacting the IRS directly.

5. Check your monthly statement: If you receive monthly statements from the IRS, your installment agreement balance should be listed on each statement. Make sure to review your statements carefully to ensure you`re making the correct payments and staying on track.

Overall, it`s important to keep track of your IRS installment agreement balance to avoid penalties and to ensure you`re staying on top of your tax payments. By following these steps, you can easily find out your balance and stay up to date with your tax obligations.