Seeking advice on what to prioritize with the IRS:
I paid quarterly taxes for 2024, but ended up owing because I made a lot more than I did the previous year. I'm unable to pay it all at once, so I set up a payment plan and it was approved.
With tax day approaching: my question is, am I supposed to prioritize paying back what I owe for 2024 BEFORE I make quarterly payments for 2025 or do I make quarterly payments for 2025 while continuing to make payments for 2024 at the same time?
Not sure if the quarterly payments would just automatically go to my IRS balance?
