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Thread: Taxes-Payment Plan

  1. #1
    Veteran Member BabyGirlKylie's Avatar
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    Default Taxes-Payment Plan

    So if I can't pay the total due on my fed. taxes by tomorrow (don't ask ) I just send in my return anyways, but without a check? Then the IRS sends me a bill in a few weeks? And I schedule a payment plan after that?
    This is what I was told, and I'm hoping someone has experience in this and can let me know how it worked out.
    Thanks!

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    Veteran Member Robertjordan's Avatar
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    Default Re: Taxes-Payment Plan

    Yes, they will send you a bill and can place you on a payment plan.

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    Banned Melonie's Avatar
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    Default Re: Taxes-Payment Plan

    ^^^ the IRS will gladly do this ... but be aware that you'll be charged a late payment penalty plus about 8% interest as an embedded cost incorporated into the payment plan. Thus it's actually less expensive to charge your tax bill to a 'prime' credit card than to let the IRS finance it LOL !

  4. #4
    AudreyLeigh
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    Default Re: Taxes-Payment Plan

    I had mine set up on an EFT plan. Its easy.

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