Q: Is there any interest relief for taxpayers who have balances due that arise during the disaster relief period for prior year returns? A: No. The IRS policy on the waiver of interest does not apply to balances due on prior year liabilities. However, the IRS will consider waiving late payment penalties when the reason for the late payment is due to the disaster. Q: What. If any relief, is accorded Installment agreement payments that become due during the disaster relief period? A. Installment agreement payments that become due during the disaster relief period are suspended. After the postponement period has ended, the installment agreement will be reinstated (without fee). The taxpayer will be required to resume making payments in accordance with the terms of the installment agreement beginning the month that follows after the end of the postponement period.