Very Imp.. Is there a way to pay amount due on income tax by Monday, how do we pay it online rightaway?

Question

If i do not pay by June 18, they will charge interest. Please help. I just got letter today and do not have much time... IRS sucks....

Answer 1

Don't panic!!! The amount due includes interest thru tomorrow. If the payment is not made by then a new calculation must be made, and another nastygram will be computer generated.

Rather than pay a ridiculous "convenience fee" to use a credit card, call IRS on Monday (800-829-1040) and ask them to calc the total payment due through, say Friday, if that allows enough time to get to IRS from your location.

If you go this route, the next nastygram may already be on its way, so when you get it, again DON'T PANIC!!. Just call IRS & verify that they received the payment.

Use a personal check NOT a certified or money order. If there is an issue of misapplied payment it is so much easier to get a copy of the check from your own account than from the issuer of the money order or certified check, not to mention finding the odd receipt. ( In my experience all that matters is that the check be valid. They'll negotiate it even if it's made out to someone else!!!)

This is crucial:ALWAYS write your name SSN, the year and form (ie 2005 form 1040) on th4e check, to make clear your intention.If you do not do so and you owe for another period, they will apply it to the earlier period. Moreover, never mix 2 differnet payments on a single check.

Answer 2

You will owe penalties and interest if your tax is not paid in full by April 17th. An extension only gives you more time to file your return. It does not give you more time to pay the tax due. You can file a Form 9465 and ask for an installment plan to pay the tax due. The interest rate is usually close to a credit card rate. You can pay the balance due early under an installment plan to save some money on interest. You can also use a credit card to pay the balance due. There is a processing fee associated with the service. Check the IRS website at www.irs.gov. Check on Minnesota's website for credit card options for payment of taxes due. Again, there will probably be a processing fee. If you choose to do nothing and not send a payment with either return, they will bill you for the tax due plus penalties and interest.

Answer 3

I have been a tax accountant for 27 years and an American for much longer than that. Never fall in to the electronic-age trap. As a specialist in IRS tax collection procedures, I can tell you that it is a very bad idea to pay your taxes by personal check, let alone electronic debit. I always counsel my clients to pay IRS by certified check or postal money order.

You may pay a little interest now, but be much richer in the long run if you heed my advice.

Answer 4

You can pay your taxes by phone.

Pay by Credit Card — Taxpayers can charge taxes on their American Express, MasterCard, Visa or Discover cards. To pay by credit card, taxpayers should contact one of the service providers at its telephone number or Web site listed below and follow the instructions. The service providers charge a convenience fee based on the amount of tax the taxpayer is paying. Taxpayers should not add the convenience fee to their tax payment.

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Link2Gov Corporation: 888-PAY-1040 (888-729-1040), www.pay1040.com

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OfficialPayments Corporation: 800-2PAY-TAX (800-272-9829), www.officialpayments.com

Answer 5

Sure! Go here: https://www.officialpayments.com/index.jsp Or here: https://www.pay1040.com/

A convenience fee is charged, but you can make the payment up to midnight Monday night and still be on time.

Answer 6

www.eftps.com