Many Tax Payments Resume July 15

Taxpayers who took advantage of the People First Initiative tax relief and did not make previously owed tax payments from March 25 to July 15 will need to restart their payments to avoid penalties.

tax related actionsTaxpayers experiencing a hardship can call the customer service number provided on their notice or go to IRS.gov/payments.

Installment Agreements

For taxpayers who suspended their installment agreement payments between April 1 and July 15, 2020, they will need to resume their payments by their first monthly payment due date after July 15.

Offer in Compromise

Pending Offers: If the IRS is currently reviewing a taxpayer’s submitted offer but hasn’t accepted it yet, the taxpayer should resume their required payments starting July 15, 2020. The IRS will amend the taxpayer’s offer to allow them to pay any skipped payments at the end of the offer period, if the offer is accepted.

Already Accepted Offers: If a taxpayer was unable to make the payments on their accepted offer because of a Coronavirus related hardship, the taxpayer should resume payments and make up missed payments by July 15, 2020.

Private Debt Collection

New delinquent accounts were not forwarded to Private Collection Agencies (PCAs) from April 1 through July 15, 2020. Taxpayers who had their PCA payments on hold should resume payments by July 15. The IRS encourages taxpayers to work with their assigned PCA to establish a new payment arrangement or restructure an existing one based on their current situation.

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