The federal government has made it very easy to pay your taxes. They offer many different ways to pay. Read below for the list.
Direct Pay
No account needed
No associated fees
Only available for individuals (not businesses)
Debit, credit or digital wallet
No account needed
Yes, there will be processing fees
Yes, individuals and businesses can pay via card or digital wallet
IRS Online Account
Must create or sign into your ID.me account
You can easily select what type of payment you want to make and what your balance is
Make same day payment from your bank account
Individuals only
EFTPS
Make payments from your bank account
yes, individuals and businesses allowed
enrollment required
You can schedule payments
View payment history and track current payment status
Receive help from custom service agents
Payment plans
If you cannot pay everything you owe all at once then you may need a payment plan. However, interest and fees still apply to what is unpaid and some plans may have fees.
Same day wire
Bank fees may apple
Check or money order
Make your check out to: United States Treasury
Double check where you are sending the check/money order
Cash
You can pay cash in person at one of the IRS' retail partners.
Fees
Limited amount you can pay
Also, you can't just show up at a store and try to pay. You must first fill out information online then they will email you a barcode. Then you take the barcode to the store and that will allow you to pay.
Electronic funds withdrawal
If you are e-filing your tax return then you will have the option to have funds withdrawn electronically. We encourage everyone to e-file their tax return because it's the most efficient method to submit your return. So it's very likely you'll be choosing this option to pay your taxes.
We hope this helps. Please reach out if you have any further questions.
This blog post is not a substitute for legal or financial advice and is not liable for any misinformation that may have been provided. This information has been provided by the IRS newsletter and website.
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