Optima Tax Relief reviews five ways Taxpayers can Pay their Taxes

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Paying taxes is a requirement for most individuals who live in America. How you choose to pay your taxes is completely up to you, but the IRS does offer several easy ways you can pay your taxes. Taxpayers have the choice to pay online, by phone, or with a mobile device.

Some taxpayers choose to 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. Individuals who participate in the gig economy might also have to make estimated payments.

Optima Tax Relief reviews five options that taxpayers can use if they are looking to pay their taxes to the IRS. They can:

  • Pay when they e-file using their bank account, at no charge, using electronic funds withdrawal.
  • Use IRS Direct Pay which allows taxpayers to pay electronically directly from their checking or savings account for free. They can choose to receive email notifications about their payments when they pay this way. 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. Taxpayers can make these payments online, by phone, or through the IRS2Go app.
  • Make a cash payment at more than 7,000 participating retail stores nationwide. To pay with cash, visit IRS.gov and follow the instructions.
  • Pay over time by applying for an online payment agreement. Once the IRS accepts an agreement, the taxpayers can make their payment in monthly installments.

However, if an individual chooses to pay their taxes, it is important to have it paid prior to the tax filing deadline in order to avoid any penalties or interest from accruing on your tax balance.

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