LT24: We Need More Info to Set Up Your Payment Plan

Why you might get this

• You asked the IRS for a payment plan (installment agreement) to pay off the tax you owe over time.
• The IRS needs more information from you before they can set up that plan.
• You may need to provide income and expense details or complete a formal request form.

The deadline

Your notice shows a date by which you need to take action. Responding by that date keeps your payment plan request moving forward and helps you avoid extra penalties, interest, or collection action.

This notice doesn't carry a fixed response deadline, but it still deserves attention — see what to do below.

What to do

1. Complete and submit Form 9465, Installment Agreement Request, and mail it to the address in the 'Additional Information' section of your notice.
2. Or call the phone number on your notice — have your income and expense information ready before you call, because the IRS can't set up the plan without it.
3. If you no longer want a payment plan, pay your balance in full to avoid more penalties and interest.
4. Know that if the IRS approves your plan, they'll charge an initial setup fee.

What happens if you ignore it

If you don't respond or pay by the date on your notice, the IRS may take collection action. That can include filing a Notice of Federal Tax Lien (a public claim on your property that can hurt your credit) or garnishing your wages, other income, or bank accounts.

You can authorize someone to represent you before the IRS. You may also qualify for free help from the Taxpayer Advocate Service or a Low Income Taxpayer Clinic. Check Publication 1660 for your collection appeal rights.

The LT24 notice means good news and a small hurdle. The IRS received your request for a payment plan — also called an installment agreement, which lets you pay your tax debt over time — but they need more information before they can approve it.

To keep things moving, take action by the date printed on your notice. You have a few choices: complete and mail Form 9465, Installment Agreement Request, to the address listed in your notice, or call the phone number shown. If you call, have your income and expense details ready — the IRS won't set up the plan without them and won't wait on the line while you look for them.

Keep in mind there's an initial setup fee if your plan is approved. And if you've changed your mind about a payment plan, paying your balance in full now helps you avoid more penalties and interest.

If you don't respond, the IRS may move to collect through a tax lien or by garnishing your wages or bank accounts. Acting early keeps you in control.

Once your plan is in place, Solace can keep an eye on your IRS account so you always know where things stand.