Do they automically appear on your CR? I learned today that I am going to owe the IRS a large sum of money (new 2nd job and didn't withhold enough). I don't have all the money. My tax service stated that IRS will allow me to pay via a monthly payment plan. They also stated that as long as I pay the agreed monthly amount, my wages will not be taken. Is this true? I know the IRS has a high interest rate. Does anyone know the exact amount? Finally, they told me that I can choose the monthly amount I want to pay, it can be small or large. Is that true?