Tax Insights

Your Guide to State, Local, Federal, Estate + International Taxation

Ways to pay your tax bill

This year you have an extra month to file and pay your taxes, with the tax deadline for individuals having been moved to May 17. That extra month is moving fast though. We’re down to less than a week. It’s time to make plans for how you’ll pay your tax bill.

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The IRS has provided several easy ways to submit your payments, including payment plans if you got a bit of sticker shock. Here are your options.

  • Use your bank account information for no additional cost when you e-file.
  • IRS Direct Pay using your checking or savings account for no additional cost. You’ll also receive email notifications of your payment status.
  • Use your credit, debit or digital wallet with the IRS2Go app.
  • If you’d like to pay in cash the IRS offers over 60,000 locations nationwide at participating retailers. To find a location, visit IRS.gov.
  • Payment plans are available. You’ll need to apply online to set up monthly payments.

These payment options are also available for estimated tax payments required for gig economy workers, sole proprietors, partners, and S corporation shareholders who owe $1,000 or more.

The IRS is again warning taxpayers of email scams. Do not submit payment through links in unsolicited emails. The IRS will only send taxpayers emails if they’ve requested it.

If you have any questions on how you’ll pay your tax bill, feel free to contact a Henry+Horne tax professional.