When there is a resolution to omit unpaid taxes, installments are equal monthly up to how many years?

• A. 5 Years
• B. 3 Years
• C. 7 Years
• D. 10 Years

Answer: (A)

When a tax authority offers a plan to settle unpaid taxes, the payments are made in equal monthly amounts over a set period. For this type of resolution, the maximum duration allowed is five years. That means you can divide the total amount owed (plus any interest or penalties) into 60 equal monthly installments. Maintaining compliance during the term—such as filing on time and paying current taxes—helps keep the plan in good standing. If the balance can’t be managed within five years, other options might be available, but five years is the limit for this installment arrangement.