which to pay taxes now

In addition to the extension of the IRS initial filing deadline to April 15, Individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to May 17, 2021, without penalties and interest, regardless of the amount owed.

This postponement applies to individual taxpayers, including individuals who pay self-employment tax.

Penalties, interest and additions to tax will begin to accrue on any remaining unpaid balances as of May 17, 2021.

Individual taxpayers will automatically avoid interest and penalties on the taxes paid by May 17.

How to pay your taxes

If you owe taxes, the IRS offers several options where you can pay immediately or arrange to pay in installments:

• Electronic Funds Withdrawal. Pay using your bank account when you e-file your return.
   
• Direct Pay. Pay directly from a checking or savings account for free.
   
• Credit or debit cards. Pay your taxes by debit or credit card online, by phone, or with a mobile device.
   
• Pay with cash. You can make a cash payment at a participating retail partner. Visit IRS.gov/paywithcash for instructions.
   
• Installment agreement. You may be able to make monthly payments, but you must file all required tax returns first. Apply for an installment agreement through the Online Payment Agreement tool.

For additional information, please refer to the following link:
How to pay from irs.gov

[Edited 03/21/2021|1:12 pm pst]