11/3/2015 · An installment agreement is a payment plan to pay outstanding tax balances at a monthly rate. The IRS or State of Michigan will not pursue any further enforcement actions such as wage garnishments, levies, or property seizures as long as you comply with the payment plan. There are no penalties for paying off taxes early.
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All Michigan Individual Income Tax filers may choose to make a payment using a debit or credit card. Debit card payments will be charged a flat fee of $3.95. Credit card payments will be assessed a convenience fee of 2.35% of the total payment amount.
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9/1/2018 · There are payment plan options available if you’re unable to fully pay your back tax liabilities. Unfortunately, most tax payers aren’t familiar with their own tax rights which allows the State of Michigan and IRS tax collection agencies to pressure them into accepting unsustainable payment practices.
4/12/2011 · How do you set a payment plan with the State of Michigan and what is the penalty and interest charges. Thank you. - Answered by a verified Tax Professional