Three types of agreements for installments are offered via IRS. The IRS offers three types of installment agreements offered by IRS (i.e. installment plans). They include three types: the "typical" installment plans, the "streamlined", and the "partial installments". Each installment plan is contingent on your capability to pay. Thus, every requires you to supply financial information with the IRS to show your income, expenses, and income, and other obligations. This is an illustration of how the "typical" payment plan functions precisely as described. In essence , the IRS will oblige you to pay a certain amount every month for a specified period in time. Anyone who can pay for an installment plan over one month has a high income, but any assets of significant value.