Are installment payment plans available for Tax Amnesty?
Yes. In the case of financial hardship, DRS may authorize and arrange for an installment method of payment. If you do not honor this payment agreement, however, Tax Amnesty will be revoked. To request a payment plan, submit a letter of request with your completed Form OP-305, Application for Tax Amnesty, stating why full payment of tax and interest would represent a financial hardship. You will be contacted concerning your request by DRS personnel. NOTE: We recommend that you pay as much as you can with your Amnesty application because interest continues to apply on the unpaid balance until payment is made in full. 11. I have paid all the taxes and interest due. The only amount I owe is penalty. Can I apply for Amnesty? No. To be granted Tax Amnesty, you must owe tax. Since your outstanding balance is penalty only, you are not eligible for Amnesty. You may, however, be entitled to a waiver of penalty if the failure to pay tax was due to reasonable cause. Requests for a penalty waiver m
Related Questions
- I currently participate in a stipulated payment agreement with the County. Can I participate in tax amnesty to reduce my penalty and interest?
- Does SC have payment plans or installment agreements if the full tax amount cannot be paid by April 15th?
- What are the eligible tax payment periods included in the tax amnesty?
