Attention taxpayers! Don't forget that the deadline to submit
2023 C-Corp and Individual tax returns is April 15.

Manay CPA is here to make the process easy and hassle-free for you.
Let us help with your 1120, 1040 and 1040NR filings so you can have peace of mind.

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Receiving a Tax Return Under an Installment Agreement

No, one of the terms of your installment plan is that any refund owed to you will be applied to the taxes you owe by the IRS. Try to make your installment plan payments as planned, and your refund will be applied to your regular monthly price. Suppose your refund is more significant than your total balance due to all accrued obligations, including accruals, and you don’t owe any past due sums, such as federal tax, state tax, and student loan, or child support. In that case, you’ll get a refund for the difference.