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The IRS accepts various methods of payments from taxpayers. Payments can be made by standard and traditional methods to modern day electronic methods. For a listing of details involved in tax payments, visit the IRS website. Here is some general information to help you.
If you are paying your taxes by check, money order, cashier's check they need to be made payable to the United States Treasury. Be sure to include your tax identification number. For an individual taxpayer (or sole proprietor), this will be your social security number. For a business, this will be your employer identification number (EIN). Also be sure to include the affected tax period, and related tax form on your check, money order, or cashier's check (in memo section).
If you are making your tax payment by cash, make it only at your local IRS office. Do not send cash through the mail.
Be sure to get a receipt, also.
If you are paying by credit card, you have the option of two places. One is through a company known as Official Payment Corporation who has a website located at officialpayments.com online. Or, you can call them at 1-800-2PAYTAX (1-800-272-9829) to make a tax payment. Your other option is found through Link2Gov online at pay1040.come or by calling their number at 1-888-PAY1040 (1-888-729-1040).
EFTPS: Or, there is another way to pay your taxes online. It is a safe, convenient, free, and secure way for taxpayers to pay their taxes. It is found through an online program known as EFTPS – Electronic Federal Tax Payment system. Taxpayers can use it 24 hours a day, 7 days a week. This system is provided by the United States Department of the Treasury. The online address is eftps.gov.
Taxpayers can make estimated 1040 tax payments, employment taxes, and individual tax payments.
Some of the benefits of paying online using EFTPS include: receiving an immediate confirmation receipt number; tracking history and payments online; saving on postage and time spent mailing; and the option of scheduling payments in advance.
Taxpayers can also call 1-800-555-4477 to make a tax payment using this system. What is even nicer, enrollment is easy and quick. There is a link found on the IRS website. Either visit the EFTPS website for more information, or read IRS Publication 966 (The Secure Way to Pay your Federal Taxes).
If you are having problems paying your entire tax due, you can establish monthly installment arrangements. This can be done either online or via the phone with the IRS.