Five ways taxpayers can pay their taxes
Paying taxes are not optional-it’s the law. 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. Taxpayers do have options when it comes to how they pay their taxes.
Here are five options for taxpayers who need to pay their taxes:
- Pay when they e-file using their bank account, at no charge.
- Use IRS Direct Pay. Pay directly from their checking or savings account for free. NOTE: Taxpayers should watch out for email schemes. IRS Direct Pay sends emails only to users who request the service.
- Pay using a payment processor by credit card, debit card or digital wallet options.
- Make a cash payment at more than 7,000 participating retail store locations nationwide. To pay with cash, visit IRS.gov and follow the instructions.
- Pay overtime by applying for an online payment agreement.