turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1grates
New Member

Can i pay my balance of taxes in 180 days If I don't have the full amount to pay y total taxes but want to pay them in 180 days, what do I need to do?

If I owe $3000 in taxes but only have $1000 how can I pay the rest of my taxes?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Can i pay my balance of taxes in 180 days If I don't have the full amount to pay y total taxes but want to pay them in 180 days, what do I need to do?

Can i pay my balance of taxes in 180 days If I don't have the full amount to pay y total taxes but want to pay them in 180 days, what do I need to do?

It is important to file your taxes tonight or file an extension if you are not yet ready to file.  Performing this action will prevent a non-filing penalty. As for the payment, the recommendation is send the $1000 you have available tonight because the IRS will impose interest on any unpaid amount owed. Therefore, the IRS will only change interest monthly on the $2000 you still owe.  Otherwise, the interest due will be calculated by the IRS on the entire $3000.

ee-ea
Level 15

Can i pay my balance of taxes in 180 days If I don't have the full amount to pay y total taxes but want to pay them in 180 days, what do I need to do?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies