Missed an IRS Payment Plan Payment? Call Now
A CP523 gives you 30 days from its date before the IRS can end your plan, so call now.
Call a tax pro now(866) 627-6913
We answer now, go through your missed payment free, and start fixing your plan today.
What can end your IRS payment plan?
Your plan holds only while you keep every term. Any one of these can put you in IRS payment plan default.
Any refund you get while on a plan goes to the debt, and you still owe that month's payment. A licensed tax pro spots the risk before it costs you the plan.
- A monthly payment that is late or short.
- A new tax return filed late, or a new balance left unpaid.
- Not answering the IRS when it asks for updated information.
What does this IRS warning letter mean?
The letter says the IRS intends to end your agreement and levy your wages or bank accounts if you take no action. It may also mention limits on your passport for serious debt.
You must respond no later than 30 days from the date of the notice. Count from the printed date, not the day it arrived, so a letter dated October 1 gives you until October 31.
Call before that date and a tax pro answers the letter with you.
How do you get your plan back?
Pay what you missed, then reinstate the plan in your IRS Online Account. If you disagree with ending the plan, you can appeal to the IRS Independent Office of Appeals.
Before you reinstate, the tax pro checks that the old payment still fits your budget. If it does not, they set a new amount you can test with our payment plan calculator.
What does it cost to reinstate a plan?
Reinstating or changing a plan online costs $6. By phone, mail or in person it costs $89.
The IRS can pay back the $6 fee for low-income filers who meet its conditions. Low income means income at or below 250% of the federal poverty level.
Your tax pro makes sure you pay the lower fee.
How do you stop an IRS levy?
A levy means the IRS takes money from your bank or paycheck. The IRS must send a final notice at least 30 days before the levy.
The penalty also climbs. If you don't pay within 10 days of a notice of intent to levy, the failure to pay penalty rises to 1% a month.
Call now and a licensed tax pro moves to stop the levy before money leaves your account.
Frequently asked questions
What happens if I miss a payment on my IRS installment plan?
The plan can go into default. The IRS usually sends a letter first saying it plans to end the agreement. You have 30 days from the letter date to respond.
Can you skip a payment on an IRS payment plan?
Not by choice. If a month will be short, change the payment day or amount in your online account before it is due. That costs $6 online.
How many times can you default on an IRS payment plan?
The IRS does not publish a limit. You may have to pay a fee to reinstate, or pay any new tax in full. The fee is $6 online or $89 by phone or mail.
How do I fix a CP523?
Pay the missed amount and reinstate the plan in your IRS Online Account within 30 days of the letter date. Call us first and a tax pro checks that the old payment still fits.
What to do now: save your plan today
Ten days after a notice of intent to levy, the penalty rises to 1% a month. Call now and a licensed tax pro reviews your letter free and gets your plan back on track today.