The IRS will accept any amount per month if you get on a plan. Like $30/mo if that's all you can do. They will also SOMETIMES agree to accept a lower amount of

The IRS will accept any amount per month if you get on a plan. Like $30/mo if that's all you can do. They will also SOMETIMES agree to accept a lower amount of money. Usually nothing less than the principal you owe (e.g. they'll remove some penalty and interest fees). They may only do this after a year or two of you making tiny payments. They must believe you will never be able to pay it all back. They absolutely will garnish your wages and/or seize any bank accounts you have. Call them immediately.