If I were to file taxes this year, I would owe. Can I wait and file for this year when I file next year without any penalties?
No, if you wait and file this year's taxes next year, you will definitely have to pay some penalties. Taxes should be paid yearly and failure to do this, you will have to pay the venality fee attached.
No way, file this year and pay what you can. Send something even if it's only 10 or 20 dollars every month. Do not miss a single month or they will take away your paycheck
There is a form to fill out to make monthly payments. Think you can take up to 72 months, but there is a fee for late payments.