You'll need to sign in or create an account to connect with an expert.
I am not aware of the IRS loaning funds.
You could set up an installment payment plan with the IRS through TurboTax.
If permitted, you could also take a loan from your 401(k) plan and pay back with interest to your account, and avoid any early withdrawal penalty and any federal and state taxes.
Click here for information from TurboTax FAQ for setting up a payment plan.
I am not aware of the IRS loaning funds.
You could set up an installment payment plan with the IRS through TurboTax.
If permitted, you could also take a loan from your 401(k) plan and pay back with interest to your account, and avoid any early withdrawal penalty and any federal and state taxes.
Click here for information from TurboTax FAQ for setting up a payment plan.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
absmile
New Member
charlie-ulloa
New Member
SallyRandall
Level 3
nsallen
New Member
Ferguson2024
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.