Taxpayers can explore payment options any time of the year - WFMJ.com News weather sports for Youngstown-Warren Ohio

Taxpayers can explore payment options any time of the year

Updated:
© Adam Gault D V / Thinkstock © Adam Gault D V / Thinkstock

From IRS.gov

The IRS understands that taxpayers who owe money need choices on how they can make payments to the agency. IRS offers three easy ways to pay taxes. Taxpayers can pay online, by phone or with their mobile device using the IRS2Go app. Any time of the year is a good time for taxpayers to explore these payment options.

Additionally, some taxpayers must make quarterly estimated tax payments throughout the year. This includes sole proprietors, partners, and S corporation shareholders who expect to owe $1,000 or more when they file. Individuals who participate in the sharing economy might also have to make estimated payments.

Here are four options for taxpayers who need to pay their taxes. They can:
 

Pay when they e-file using their bank account, at no charge from the IRS, using electronic funds withdrawal.

Use IRS Direct Pay to pay their taxes, including estimated taxes. Direct Pay allows taxpayers to pay electronically directly from their checking or savings account for free. Taxpayers can choose to receive email notifications about their payments. The IRS remind taxpayers to watch out for email schemes. IRS Direct Pay sends emails only to users who requested the service.

Pay by credit or debit card through a card processor for a fee. Taxpayers can make these payments online, by phone, or using their mobile device with the IRS2Go app.

Make a cash payment at a participating 7-Eleven store. Taxpayers can do this at more than 7,000 locations nationwide. To pay with cash, visit IRS.gov/paywithcash and follow the instructions.

Pay over time by applying for an online payment agreement. Once the IRS accepts an agreement, the taxpayers can make their payment in monthly installments.

For a full menu of payment options, taxpayers can visit IRS.gov/payments.

Remember that all of the web page addresses for the official IRS website, IRS.gov, begin with http://www.irs.gov. Don' t be confused or misled by Internet sites that end in .com, .net, .org or other designations instead of .gov. The address of the official IRS governmental Web site is http://www.irs.gov/.

*DISCLAIMER*: The information contained in or provided through this site section is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional advice. Use of this site section and any information contained on or provided through this site section is at your own risk and any information contained on or provided through this site section is provided on an "as is" basis without any representations or warranties.
INFORMATIONAL DISCLAIMER The information contained on or provided through this site is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional financial or accounting advice. Always seek the advice of your accountant or other qualified personal finance advisor for answers to any related questions you may have. Use of this site and any information contained on or provided through this site is at your own risk and any information contained on or provided through this site is provided on an "as is" basis without any representations or warranties.
Powered by Frankly
All content © Copyright 2000 - 2017 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms