Estimate the monthly payment on an IRS installment agreement, with ongoing penalties and interest.
Educational estimate. IRS interest rates change quarterly; consult a tax professional.
We amortize your balance over the months you choose, applying the IRS's combined interest-and-penalty rate, to show the monthly payment and total cost.
Most people who owe the IRS don’t need an expensive relief company — they qualify for an installment agreement they can set up themselves online. The catch is that penalties and interest keep accruing on the unpaid balance, so a longer plan costs more overall. This calculator amortizes your balance so you can see the monthly payment and the true cost of stretching it out versus paying aggressively.
Yes — most people qualify for an installment agreement online if they owe under $50,000.
Yes — interest and a reduced failure-to-pay penalty accrue until paid off.
Pay as fast as you can afford; longer terms cost more in interest.
No — the IRS sets the official terms.