How Can I Pay Back Arizona State Taxes in Installments?
In Arizona, individual income taxes are due to be filed by April 15 of each year, for the previous tax year. If the April 15 deadline falls on a Saturday of Sunday, your tax return will be due the following business day. Arizona offers convenience when paying taxes from remitting a check with your filed return or remitting a credit card payment online. In the event a taxpayer cannot make the full payment when his taxes are filed, there is an option and procedure to make arrangements to pay in installments.
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Instructions
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File your tax return by or on the April 15 for the previous year. Do not neglect to file your tax return, as this may incur a penalty for late filing.
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Wait for the Department of Revenue to process your return and send you a billing notice.
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Contact the Department of Revenues collections hot line at 602-542-5551 immediately upon receipt of the billing notice.
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Explain to the representative you would like to make monthly installments and propose an installment package that will repay the taxes owed in a reasonable amount of time.
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Make an agreement with the representative, who will in turn send the agreement in writing for you to sign and return.
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Make the payments according the installment agreement on time and for the appropriate amount.
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Tips & Warnings
If you filed your return either electronically or by mail and forgot to enclose your payment, you can send the payment to the Department of Revenue at PO Box 52016, Phoenix, AZ 85072-2016.
If you pay your taxes late in Arizona (even with an installment agreement), you will incur interest charges. Taxes are due on April 15; thereafter the amount of tax you owe begins accruing interest charges at a rate of one-half of one percent for each month (or part of each month) your taxes are not paid.
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- Photo Credit tax time image by Tom Oliveira from Fotolia.com
