Form 71-661 Mississippi Installment Agreement - Mississippi

What Is Form 71-661?

This is a legal form that was released by the Mississippi Department of Revenue - a government authority operating within Mississippi. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 71-661?
A: Form 71-661 is the Mississippi Installment Agreement.

Q: What is the purpose of Form 71-661?
A: The purpose of Form 71-661 is to request a monthly installment plan for paying taxes owed to the state of Mississippi.

Q: Who can use Form 71-661?
A: Form 71-661 can be used by individuals, businesses, and other entities who owe taxes to the state of Mississippi.

Q: What information is required on Form 71-661?
A: Form 71-661 requires information such as your name, contact information, tax period, total amount owed, proposed monthly payment amount, and bank account information for automatic withdrawals.

Q: Are there any fees associated with using Form 71-661?
A: No, there are no fees associated with submitting Form 71-661.

Q: How long does it take to process Form 71-661?
A: The processing time for Form 71-661 varies, but it generally takes about 30 to 45 days.

Q: Can I still receive a refund if I have an installment agreement?
A: No, refunds will be applied to any outstanding balance on your installment agreement.

Q: What happens if I miss a payment on my installment agreement?
A: If you miss a payment, you may be subject to penalties and interest. It is important to contact the Mississippi Department of Revenue to discuss your options.

Q: Can I pay off my installment agreement early?
A: Yes, you can pay off your installment agreement early by submitting the remaining balance in full.