What does Form 9465 specifically request from the IRS?

Form 9465 is specifically designed for taxpayers who need to request an installment agreement to pay their owed taxes. This means that if a taxpayer has a balance due that they cannot pay in full by the tax filing deadline, they can submit Form 9465 to the IRS to set up a payment plan. The form provides the IRS with pertinent information about the taxpayer's financial situation, enabling the IRS to review the request for monthly payments that the taxpayer can afford.

By using this form, taxpayers can manage their tax liabilities over time, making it easier to address their payment obligations without facing immediate penalties or collection actions. This aligns directly with the purpose of Form 9465, which is focused on establishing an agreement to make installment payments for taxes owed.