IMF Simple Payment Plans
Simple Payment Plan Criteria
What is balance below 50k, compliant in all required tax returns and can full pay balance including accruals within CSED?
A CR takes a call on June 20th, 2026. What tax years are going to be addressed in a regular FCC?
What is 2020 through 2025?
True or False?
To qualify for a Simple Payment Plan, a business must be able to pay total balance within CSED.
What is true?
Disclosure questions for a POA.
What is TP's TIN & name, CAF#, Name of POA, SSN of POA, DOB of POA, Form & Tax Periods
What is a levy?
A levy is a bank/wage garnishment
A taxpayer calls with a balance due under $50,000. The taxpayer wants to establish a payment plan but does not know how much they should pay each month. The proper way for the CR to determine this is to
What is Ask the taxpayer how much they can afford per month and remind the taxpayer of the benefits of paying off the balance as soon as possible?
TP calls in to set up IA, TP has open TDI's for TY 2021/2022, will they meet Express Filing Compliance Check? Why or Why not?
What is no? TP's with open TDI's do not meet Express.
A business calls in to set up an IA. They are filing compliant but not up to date on FTD's, what must be done?
What is reject IA and send to Independent Review?
Is a 2848 still valid after a taxpayer is deceased? Yes or No?
What is No?
A new Form 2848 will be needed. POA will need to be authorized after death by the administrator, trustee, executor, etc. Their name will be found on the second name line or on a Form 56.
Designated Payment Code for a levy on a non-FERDI.
FERDI?
What is DPC 05?
What is DPC 18 or 19?
OPA DDIA origination fee
What is $29?
True or False? An Installment Agreement cannot be granted if the taxpayer is missing a return that shows a balance due of any kind
What is False?
Per IRM 5.19.2.6.4.5.3.2, IMF Little or No Tax Due, as long as the net tax due does not exceed Little / No Tax Due, the IA can be granted. The taxpayer would be asked to file, but the IA would not be delayed.
OOB Sole prop w/ Non-Trust Fund balances qualify for what type of IA.
What is Simple IA, NSIA or PPIA?
Difference between a Form 2848 and Form 8821
2848 forms can represent a taxpayer before IRS.
8821 forms can only review return and account information for the specified periods on the form.
8821's CANNOT discuss compliance issues or resolve a tax balance. ACS does not work Form 8821 calls.
Resolution actions needed for release of FPLP levy.
What is IA or CNC?
FPLP is released systemically. Be sure to check the cutoff dates and advise TP to expect 1-2 more garnishments.
For CNC hardship, 668-D would be sent to FPLP Coordinator for an immediate release.
IA's that do not require manager approval
What Simple Payment Plans, PPIA's under 25k & CNC's that meet exception criteria?
Amount of time provided to a TP to submit a delinquent return.
Allow 10 days, if taxpayer has forms and information needed for an easy filing
Allow 30 days, if taxpayer needs to obtain forms and information, has a more complex filing, such as schedules or multiple returns.
If the taxpayer has been given a previous deadline, you may allow one 10 day extension. Any further extensions need manager approval.
Information needed to complete high-risk disclosure.
What is three verifiable items from two sources?
How many days does the TP have to sign Form 2848 after the POA has signed?
How many days does the POA have to sign after the TP signs?
What is anytime?
What is 45 days?
Form needed to manually release a levy no longer on ACS.
What is Form 668-D?
ALN for a Simple Payment Plan with an AAB below 25k
What is 2036?
When is it appropriate to offer/input a tiered amount for a NSIA?
What is never?
Staggered amounts are not appropriate for NSIA's.
Businesses that cannot establish repayment within the allowable terms, or when any business owes an amount above ACS authority to work, the account should generally be sent to.
What is Field Collection? (RO)
Designation level ACS does not discuss account information with.
What is Level H?
ACS does not discuss the account with a Level H Unenrolled Return Preparer.
Also, POA's who do not have a "Good Standing".
Steps to issue a full levy release on ACSweb.
Select Levy and Release on ACSweb
Select Levy Source
Ensure LP 68 is selected.
Submit.