The Indiana Department of Revenue (DOR) has instituted new payment plan options to help ease the burden to Hoosier taxpayers. The new payment plan options became effective in early May and allow individuals to establish plans for a longer period of time without the previous requirement of a down payment equal to 20 percent of the outstanding liability. To establish a payment plan, the amount of tax due must be $100 or greater. The new payment plan options are as follows based on the amount owed: $101 – $1,000 owed: up to a 12-month payment plan; $1,001 – $5,000 owed: up to a 24-month payment plan; $5,001 or above: up to a 36-month payment plan. Payment plans can be created online through DOR’s INtax system at www.intaxpay.in.gov or by calling DOR Payment Services at 317-232-2165, Monday through Friday, 8 a.m. to 4:30 p.m., EST. For more information on the Commissioner’s Tax Advisory Council, visit www.in.gov/dor/5739 on the DOR website.
May 26th, 2018|Local News|