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Interest charged on an Installment Agreement

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    Interest charged on an Installment Agreement

    Could anyone give me a rough idea of what the interest rate is that the IRS charges for an installment agreement:
    Thanks

    #2
    Currently a little under 1% per month for the combined interest and FTP penalty. I say that because the FTP penalty is really just the financial equivalent of additional interest with a different name.
    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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      #3
      don't forget the set-up fee and that it is lower if the IA is applied for on-line
      Believe nothing you have not personally researched and verified.

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