IRS Streamlined Installment Agreements (Under $50K) – Oklahoma Guide

If you owe less than $50,000 to the IRS, you may qualify for a Streamlined Installment Agreement — a simple, no-hassle payment plan that avoids financial disclosures and helps you stay in compliance.

At Boulanger CPA, we help Oklahoma taxpayers set up these agreements the right way — fast, efficiently, and without IRS surprises.



To understand your options, we recommend starting with our full guide to IRS Installment Agreements in Oklahoma, which breaks down how the IRS categorizes payment plans by balance owed.

What Is a Streamlined Installment Agreement?

The Streamlined Installment Agreement (SLIA) is a payment plan for individuals who:

• Owe $50,000 or less in combined tax, penalties, and interest
  
  
• Can pay off their balance in 72 months or less
  
  
• Have filed all required returns
  
  

Unlike more complex plans, streamlined agreements often don’t require IRS Form 433-A or 433-F, and they can be set up online or with minimal IRS review.



If you owe between $25,001 and $50,000, you’ll be required to agree to a Direct Debit Installment Agreement (DDIA).

Benefits of a Streamlined Plan



• No financial disclosure (for balances under $50K)
  
  
• May avoid IRS lien filing
  
  
• Easy to maintain if you stay current
  
  
• Fast setup — often within a few days
  
  
• Collection actions stop when the plan is approved
  
  

Want to compare this to more aggressive payment enforcement options? Check out our post on what happens if you owe over $50K to the IRS.

Real Oklahoma Case Study

Client: Insurance agent in Oklahoma City
Balance Owed: $41,000 from 3 prior years
Issue: IRS preparing to issue levy
Result: We filed Power of Attorney, submitted DDIA for $622/month, and avoided lien filing completely.

Common Mistakes We Help Clients Avoid



• Letting the balance creep above $50K, triggering financial review
  
  
• Choosing the wrong monthly amount and defaulting
  
  
• Forgetting to file current-year returns, voiding eligibility
  
  
• Not using direct debit, which can delay IRS approval or cause lien filing
  
  

If you’re a small business owner or have 1099 income, you may also want to read our guide on IRS Form 433-F and how it affects payment plans.

Need Help Setting Up Your Payment Plan?

At Boulanger CPA, we:

• Pull and review your IRS transcripts
  
  
• Determine the best plan based on your timeline and budget
  
  
• File Power of Attorney to negotiate directly with the IRS
  
  
• Set up your DDIA to prevent levies or liens
  
  
• Help keep your account in compliance to avoid default
  
  

📞 Call (405) 384-4900
📅 Schedule your free strategy session

✍️ About the Author

Marc Boulanger, CPA, is the founder of Boulanger CPA and Consulting PC, a CPA firm based in Oklahoma City, OK.

Marc is the author of Oklahoma Taxpayers' Guide: Taking a Stand Against the IRS and has resolved hundreds of complex federal and state tax cases.

With over a decade of experience in IRS and OTC representation, Marc helps Oklahomans navigate high-stakes tax problems with clear strategy and calm expertise.

He is a Certified Tax Representation Consultant and a member of the American Society of Tax Problem Solvers (ASTPS).

📍 Office: Oklahoma City, OK | 📞 (405) 384-4900 | 🌐 www.oklahomacity.cpa