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How Partial Payment Installment Agreements Work


Partial payment installment agreements (PPIAs) are a form of debt relief that allow taxpayers to pay off their tax liabilities in smaller amounts than they owe. For many individuals and businesses, PPIAs may be the best way to quickly resolve unpaid taxes and avoid legal action from the IRS. If you’re looking for an affordable way to make your IRS payments more manageable, here’s what you need to know about how partial payment installment agreements work.


A PPIA allows taxpayers to make smaller payments over a longer period of time than if they attempted to pay off the full amount owed at once. Depending on an individual's financial situation, it is possible for them to negotiate a lower monthly amount with the IRS by providing information about their income, assets, and expenses.





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