Reject Code: F9465-027
Form 9465, Line 11a 'PaymentDueAmt' can not be less than Line 10 'CalculatedMonthlyPymtAmt'. If the payment due amount is less than Line 10, calculated monthly payment amount, complete and mail Form 9465 with Form 433-F to the mailing address provided on www.irs.gov.
A tax return rejects with code F9465-027 when Form 9465, Installment Agreement Request has been included in the tax return and the amount the taxpayer has indicated they can pay each month is less than the calculated minimum monthly payment.
Generally, if the taxpayer cannot pay the minimum monthly payment amount, the tax return must be filed in paper form and include a completed copy of Form 433-F, Collection Information Statement.
Otherwise, to be able to electronically file the return with Form 9465, the amount the taxpayer can pay each month must be greater than or equal to the calculated minimum monthly payment amount as shown on Form 9465 line 10.
If the taxpayer cannot pay the minimum monthly payment amount, they will need to prepare Form 433-F (available at the IRS website here), and you'll include that form along with the rest of the return when you mail it to the IRS.
Otherwise, to correct reject F9465-027 in TaxSlayer Pro, from the main menu of the tax return (Form 1040) select:
- Miscellaneous Forms
- Installment Agreement Request (9465)
- Amount of Payment Each Month - Enter an amount equal to or greater than the minimum monthly payment amount.
Additional Information:
IRS: Instructions for Form 9465 - Installment Agreement Request