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CO online Form 9465-FS: What You Should Know
Form 9465 Instructions (Rev. September 2018) In general, each installment agreement should be submitted electronically using the Online Payment Agreement application (Form 9465). No other electronic means of filing a 9465 are allowed. There are two types of installment agreement forms: Form 9465 — Installment Agreement Application (Form 9465); Form 9465-PF — Partial Payment Agreement (Form 9465-PF). The following types of provisions are permitted for 84(a) installment requests: Limitations with respect to interest paid or accrued on installments by the taxpayer Limitations on collection on installment by the taxpayer Limitations on collection of installments by the taxpayer, other than (1) if the taxpayer has the right to terminate the installment agreement; (2) after the end of the statute of limitations, except in the case of an installment agreement for qualified domestic partners which is filed on or after October 13, 2003, or a chapter 13 installment agreement which has been filed on or after March 19, 2010; and (3) after the end of the 12-month period described in section 84(f) or 84(f-1) (whichever is applicable); (b) Limitations on interest paid or accrued on installments by the taxpayer (1) Except as provided in subsections (b)(2) and (a)(2) of this section, interest shall never be paid or accrued on installments under an installment agreement. (2) If the installments consist of qualified domestic partnerships taxable income, for the purposes of section 6050 N(a)(3)(A)(i) the term “taxable income” means the income of the partnership for the taxable year in which payments on the installment agreement are due. (3) If the payments on the installment agreement are due on December 31 to December 31, a late payment penalty may apply for the total amount of payments due on the installment agreement beginning on such later date. No liability for penalties. (1) If the amount due from the taxpayer is less than the amount on which the penalty relates, no penalty may be imposed on the taxpayer. (2) This section shall not be construed to require the payment for any tax on a nonremittance of an installment, or to require the payment of installments for property acquired by the taxpayer after the due date of the installment agreement. (d) Definitions.
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