I would like to know while e-filing my Federal taxes, is there any limit in TurboTax software on the amount due to the IRS that I can pay by direct debit? I have a special case where I need to pay AMT taxes for ISO stock options exercised and the tax bill due is over $500,000.
Will I be able to e-file my Federal taxes with TurboTax in this case? Please let me know what is the maximum amount of tax due that I can pay through TurboTax online as part of e-filing.
Thanks,
Mridul
