How to Set Up Installments for Georgia State Income Taxes

Taxpayers sometimes contemplate how to make a final payment for taxes owed.

Setting up an installment payment plan to pay your Georgia State income taxes is not a complicated process. If, however, you are currently undergoing bankruptcy proceedings or have a pending offer-in-compromise, you will not qualify to participate in an installment payment plan offered by the Georgia Department of Revenue. Any Georgia State income taxpayer who cannot pay her current income tax liability might want to consider paying the tax liability under an authorized installment program payment plan, which grants the taxpayer the opportunity to make monthly payments to meet her tax obligations, not to exceed 36 months.

Step 1

File your Georgia State income tax return Form 500 or 500-EZ no later than March 31. A copy of tax Form 500 or 500-EZ can be obtained from the Georgia Department of Revenue website. Your monthly installment payment plan will be based on the tax liability you owe, as calculated on your 500 or 500-EZ completed return.

Step 2

Calculate what you want your monthly installment payment to be but not to exceed 36 months. For instance, if you owe $600 in taxes and can only afford to pay $60 a month based on your household budget, then you would want to set up a 10-month payment plan with the Georgia Department of Revenue. This 10-month plan was arrived at by dividing $600 by $60.

Step 3

Complete the Georgia Department of Revenue Installment Payment Agreement Application Form 9465. Include the amount of taxes you owe and the monthly payment you are seeking under the installment payment program. Provide your checking or savings account routing and account numbers, as well as the name and address of the financial institution where you hold the account.

Step 4

Submit your completed Georgia Department of Revenue Installment Payment Agreement Application Form 9465 to the following address: Georgia Department of Revenue, Installment Payment Unit, 1800 Century Boulevard Suite 16218, Atlanta, Georgia 30345. If you have any questions regarding the status of your application, contact the Georgia Department of Revenue by email at ipa@dor.ga.

Step 5

Deposit the required monthly amount into your checking or savings account that you authorized under your installment payment application. Your monthly payment will be automatically deducted from your account by the Georgia Department of Revenue on the 10th of each month. Ensure that your monthly payment is posted to your account before this date.

Warning

Be aware that you will be charged a one-time $50 or $25 fee for setting up the installment payment plan.

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