Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What does the term Annual Statement of Balance Due mean?

April 26, 2017annual Balance mean term

0

Posted

What does the term Annual Statement of Balance Due mean?

1 Answer

0

Posted

Installment Agreement taxpayers receive an annual statement from the IRS, which provides the amount owed initially, the payments and credits posted to the account and the ending balance. The annual statement is sent out in the month of July.