A form one files with the IRS when one agrees to pay back taxes in installments. That is, in Form 433-D, one agrees to pay a certain amount each month until the total tax liability is paid. One must include direct debit payment information on the form.
IRS Form 433-D is also known as the Installment Agreement. It is used by taxpayers who are unable to pay the whole amount of their imposed taxes.
There are two pages for Form 433-D: the IRS copy and the taxpayer’s copy. They are identical so after filling out the first page of the form, copy the information to the second page.
Name and Address of the Taxpayer(s)
Provide your full name and residential address.
Social Security or Employer Identification Number (SSN/EIN)
Provide your SSN or EIN.
Provide your home phone number and/or work, cell, or business number.
Kinds of Taxes
Provide the form numbers of the kinds of taxes that you owe.
Provide the tax periods of the taxes you owe.
Provide the amount of tax you owe as well as the latest date when you still owe them.
Provide the amount you wish to pay initially, the amount you wish to pay each subsequent month, and the dates you will pay them.
If you wish to increase or decrease the amount of your monthly payment in the future, indicate the date of increase (or decrease), amount of increase (or decrease), and the new installment payment amount.
Only complete this section if you choose to make payments by direct debit.
Provide the account number of the checking account from which the IRS will withdraw your payment. The first two digits of the routing number must be 01 through 12 or 21 through 32. Do not use a deposit slip to verify the number because it may contain internal routing numbers that are not part of the actual routing number.
Provide the routing number of the checking account from which the IRS will withdraw your payment. Include hyphens but omit spaces and special symbols. Provide the numbers starting from the left and leave and unused boxes blank.
If you are unable to make electronic payments through a debit instrument by providing your banking information above, check the box “I am unable to make debit payments.”
After ensuring that you have accomplished this form completely and accurately, provide your title (if you’re a corporate officer or partner), sign, and date this form.
Submit the first page of the form to the address on the letter that came with it or to the IRS Department of Treasury.
You can pay through direct debit or through check. If you choose to pay through direct debit, fill out the section above regarding direct debit.
If you choose to pay through check, mail the IRS Department of Treasury a check each month. Make sure to provide your SSN or EIN on each payment.
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