When it comes to paying off your tax debts, setting up an IRS installment agreement can be a helpful solution. However, it’s important to make sure you’re keeping track of your payments and checking your balance regularly to avoid any surprises. In this article, we’ll guide you through how to check your IRS installment agreement balance.

Firstly, it’s important to understand what an IRS installment agreement is. The IRS installment agreement allows taxpayers who owe federal taxes to pay their tax debt over time in manageable payments. Monthly payments are determined based on your ability to pay and can be adjusted if your financial situation changes. Once you have set up an installment agreement, you will need to make payments on time to avoid any penalties or interest charges.

To check your IRS installment agreement balance, you can follow these simple steps:

Step 1: Log in to the IRS website

The first step is to log in to the IRS website at IRS.gov. If you haven’t already created an account, you will need to do so by providing your personal information such as your name, social security number, and date of birth. Once you have created an account, you can log in and access your account information.

Step 2: Navigate to the “View your tax account” page

Once you have logged in, navigate to the “View your tax account” page. You can do this by clicking on the “View your account” button on the main page. This will take you to a page where you can view your tax account information.

Step 3: Select your installment agreement

On the “View your tax account” page, you will see a list of your tax accounts. Look for the account that corresponds to your installment agreement. Click on the “Details” button next to the installment agreement account.

Step 4: Check your balance

Once you have accessed the details of your installment agreement account, you will be able to see your current balance, payment history, and any penalties or interest charges. You can also see the amount of your monthly payments and the due date for your next payment.

In conclusion, checking your IRS installment agreement balance is an important step in managing your tax debt. By following these simple steps, you can stay on top of your payments and avoid any surprises. If you have any questions or concerns about your installment agreement, you can contact the IRS directly for assistance.