Can I make a payment plan for my taxes?

Yes, the Mississippi Department of Revenue does offer payment plans for taxpayers who are unable to pay their taxes in full. To qualify for a payment plan, you must owe at least $100 in taxes and have filed all required tax returns. The payment plan allows you to make monthly installments until your tax debt is fully paid. To request a payment plan, you need to complete Form 73-053 and submit it along with your proposed payment schedule. If your request is approved, you will receive a notification detailing the terms and conditions of your payment plan. It is important to note that interest and a small fee will be applied to the outstanding balance until it is paid in full.