Can I make an installment agreement for my tax payments?

Yes, you can make an installment agreement for your tax payments with the Nebraska Department of Revenue. An installment agreement allows you to pay your taxes in monthly installments instead of in one lump sum. To qualify for an installment agreement, you must owe less than $35,000, including penalties and interest, and have filed all required tax returns. You can request an installment agreement online through the department's website or by contacting their customer service. There may be a fee to set up the installment agreement, and interest and penalties will continue to accrue on the unpaid balance until it is fully paid. However, entering into an installment agreement can help you avoid more severe collection actions.