How can I pay taxes I owe?
There are several ways to pay taxes you owe.
- You can pay tax by credit or debit card at an IRS-sponsored pay site.
- You can mail a check to the address listed on your filing instructions with your Form 1040-V.
If, for whatever reason, you can’t pay taxes, you can request additional time to pay your tax in full or set up an IRS payment plan.
Instead of an installment agreement, you can request an additional 120 days to pay your full tax balance. If you do this, you’ll usually pay less in penalties and interest. There’s no fee for this short extension of time to pay.
If you file an extension (Form 4868), it’s only an extension of time to file. It’s not an extension of time to pay. However, you’ll only be subject to interest (not penalties) if:
- You paid at least 90% of the tax due by the filing deadline.
- You file your return.
- You pay the remaining balance by the extension deadline.
Did you know that you can file a tax extension and pay taxes online? Learn more from the tax experts at H&R Block.
If you received Social Security benefits during the year, you will receive a Form SSA-1099, Social Security Benefit Statement. Learn more from H&R Block.
Get the facts from H&R Block about what happens when you have unpaid taxes, and all of the payment options you may have to fix the issue.
Learn whether you need to amend your return if you received form 1098-T after filing with advice from the tax experts at H&R Block.