Are state taxes eligible to go on payment plan for
Yes, both Colorado and Illinois offer options for taxpayers to set up payment plans for outstanding state tax debts.
Colorado
In Colorado, if you cannot pay your tax debt by the due date, you may request a payment plan with the Colorado Department of Revenue. Key points about Colorado's payment plan eligibility include:
- You can initiate a payment plan starting the day after the due date.
- Typically, you need to have filed all necessary tax returns up to the current date to be eligible.
- The payment plan can accommodate various amounts owed, and the repayment terms may vary based on the total tax liability.
For more detailed information, you might want to refer to the Payment Plan FAQs section.
Illinois
In Illinois, you also have the option to set up a payment plan with the Illinois Department of Revenue. For eligibility, consider the following:
- You must have filed all outstanding tax returns up through the current date to be approved for a payment plan.
- All unpaid liabilities can be included in the same payment plan, which means you can manage multiple years or different types of taxes under one agreement.
For further assistance, you can access additional resources regarding payment options at the Illinois Department of Revenue Payments page.
If you have further questions or need assistance in setting up a payment plan, it may be helpful to contact the tax departments directly or consult with a tax professional for guidance tailored to your specific situation.
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