How does one make an IRS payment plan?

First it will depend on how much you owe in taxes. If you only owe $25,000 or less then you can either use the online payment agreement or call the phone number located on the notice. You will also need to fill out a Request for Installment Agreement form that can be acquired online. However, if you owe more than $25,000 you may or may not qualify for an installment agreement. If you qualify, you may also need a Collection Information Statement form in addition to the Request for Installment Agreement form. All appropriate forms must be completed and mailed to the address listed on the notice you received.