Are there fees to Set-up an Installment Agreement?
• The IRS charges a user fee of $43 to set up the installment agreement. • It is possible for an installment agreement to be reinstated if the agreement defaults. • Also, installment agreements may be restructured to include additional amounts owed in one agreement. • Reinstating or restructuring an existing installment agreement will cost an additional $24 user fee. What is an Enforced Collection Actions? Generally, IRS enforced collection actions (i.e., levy against personal or real property) are not made while an installment agreement request is being considered, or: • While an agreement is in effect, • For 30 days after a request for an agreement has been rejected, and • For any period while a timely appeal of the rejection or termination is being evaluated by the IRS.
