{"id":22,"date":"2010-06-23T16:14:15","date_gmt":"2010-06-23T16:14:15","guid":{"rendered":"http:\/\/www.taxdebtadvisors.com\/blog\/?p=22"},"modified":"2022-06-13T17:03:18","modified_gmt":"2022-06-13T17:03:18","slug":"what-caused-my-irs-payment-plan-to-default","status":"publish","type":"post","link":"https:\/\/taxdebtadvisors.com\/blog\/what-caused-my-irs-payment-plan-to-default\/","title":{"rendered":"WHAT CAUSED MY IRS PAYMENT PLAN TO DEFAULT?"},"content":{"rendered":"<h1>IRS Payment Plan Default<\/h1>\n<p>When you default on an installment arrangement there is no explanation.\u00a0 The most common reasons are:<\/p>\n<ul>\n<li>You didn\u2019t send in your payment or your payment was late.\u00a0 If you call immediately upon receiving the notice, you can usually be reinstated as soon as your payments are current.\u00a0 Don\u2019t depend on the IRS vouchers as a reminder to make your payment.\u00a0 Vouchers can come to you after the due date or not at all.\u00a0 Have a note on your calendar to make your payment whether or not the voucher shows up.\u00a0 If you send in a payment without a voucher, include your social security number, the tax year to apply the payment (2020-1040) and have your phone number on the check.<\/li>\n<li>You filed your return late or did not pay your taxes in full when you filed your return.\u00a0 One of the conditions of having a payment plan with the IRS is that you don\u2019t get behind on filing or paying in the future.\u00a0 Again, the IRS will likely reinstate the agreement if you can bring your payments current and you contact them immediately after receiving the notice of default.\u00a0 To prevent this from happening in the future make sure your estimated taxes are paid timely if you are self employed or that your withholdings are sufficient if you are an employee.<\/li>\n<\/ul>\n<p>If you default and you have to renegotiate your payment plan with the IRS it is unlikely you will get the same payment amount.\u00a0\u00a0 If your financial situation has worsened, your payment amount will be reduced.\u00a0 Likewise, if your financial situation has improved, your payment amount will go up.\u00a0 Rather than just go back into another installment arrangement, I advise our clients to reevaluate to see if there is another <a href=\"https:\/\/taxdebtadvisors.com\/irs-settlement-options.html\">settlement option<\/a> that would be better now that their situation has changed.<\/p>\n<p>There are legitimate situations where I advise clients to strategically default on purpose so that a better settlement can be reached with the IRS.\u00a0 This should only be done with the help of a professional representative who can guide you through the renegotiation process. Our company has over 45 years of tax preparation and IRS negotiation experience.<\/p>\n<p>Scott Allen E. A.<\/p>\n<p>Tax Debt Advisors, Inc.<\/p>\n<p><a href=\"http:\/\/www.taxdebtadvisors.com\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5836 size-medium\" src=\"https:\/\/taxdebtadvisors.com\/blog\/wp-content\/uploads\/2020\/01\/TDA-Logo-300x127.png\" alt=\"\" width=\"300\" height=\"127\" srcset=\"https:\/\/taxdebtadvisors.com\/blog\/wp-content\/uploads\/2020\/01\/TDA-Logo-300x127.png 300w, https:\/\/taxdebtadvisors.com\/blog\/wp-content\/uploads\/2020\/01\/TDA-Logo-750x320.png 750w, https:\/\/taxdebtadvisors.com\/blog\/wp-content\/uploads\/2020\/01\/TDA-Logo.png 758w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRS Payment Plan Default When you default on an installment arrangement there is no explanation.\u00a0 The most common reasons are: You didn\u2019t send in your payment or your payment was late.\u00a0 If you call immediately upon receiving the notice, you can usually be reinstated as soon as your payments are current.\u00a0 Don\u2019t depend on the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,29],"tags":[51],"_links":{"self":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/22"}],"collection":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":2,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions"}],"predecessor-version":[{"id":7138,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions\/7138"}],"wp:attachment":[{"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=22"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxdebtadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}