topic I will be getting only social security in 2023. How can I pay my 2022 taxes with reduced income? in Retirement tax questions

I will be getting only social security in 2023. How can I pay my 2022 taxes with reduced income?

janaad12853 — Mon, 23 Feb 2026 10:44:16 GMT

drastically reduced

Re: I will be getting only social security in 2023. How can I pay my 2022 taxes with reduced income?

xmasbaby0 — Wed, 18 Jan 2023 21:11:01 GMT

If your only income in 2023 will be Social Security, you will not have to file a tax return next year. Social Security is not taxable unless you have other income combined with it.

But if you are asking how to pay your 2022 tax due--- if the amount is difficult for you, you can apply for a payment plan.

If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.

https://www.irs.gov/payments

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403

To apply for a payment plan with the IRS

Apply Online for a Payment Plan

You must pay your state tax due using the state’s preferred method of receiving payment. For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.

https://ttlc.intuit.com/questions/1900884-what-are-my-options-for-getting-my-state-refund-or-for-paying-any-state-taxes-i-owe

https://ttlc.intuit.com/questions/1901670-how-do-i-contact-my-state-department-of-revenue

Re: I will be getting only social security in 2023. How can I pay my 2022 taxes with reduced income?

Opus 17 — Wed, 18 Jan 2023 21:59:13 GMT

The tax system is supposed to be pay as you go. You are required to pay your 2022 taxes during 2022, by withholding from a job, or by making estimated payments if you are self-employed. Then when you file your return, your final tax is calculated and if your payments were too high, you get a refund and if your payments were too low, you owe an additional payment. But your 2022 tax bill should not be a surprise. You should have been making payments towards it already or at least saved for it.

If you failed to make your required estimated payments, you may be subject to interest and late fees. Some, but not all, of these fees can be reduced if you apply and are accepted for a payment plan.

Note that payments plans have a non-refundable administrative fee. Because of this, if you think you can pay off your taxes by August 15 (4 months after the April 15 deadline), the late fees and interest will probably be less than the administrative fee. In turbotax, select "I will pay by check" and then make payments to the IRS of as much as you can, as often as you can, until you are paid off. You can pay online at www.irs.gov/payments.

If you apply for and are accepted for a payment plan, you must make timely payments as required. You will still be assessed interest on the overdue amount, and a reduce late payment penalty, in addition to the tax.