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

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

Can I pay off the total balance due to the IRS today and not have payments pulled out monthly as I originally documented when I filed 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.

1 Best answer

Accepted Solutions

Can I pay off the total balance due to the IRS today and not have payments pulled out monthly as I originally documented when I filed my taxes?

If you applied for a payment plan, and have not had a response yet, it is best to wait for the IRS to contact you.  Usually they will send a letter confirming the payment plan and telling you when the first payment will start.  At that point, you can pay in full, and future payments will be stopped.  The risk is that if you pay now, then after the IRS approves the payment plan they will still start taking payments.

Also, the application fee for the payment plan can't be refunded, even if you pay in full the day after applying.  That's an IRS rule, sorry.

View solution in original post

1 Reply

Can I pay off the total balance due to the IRS today and not have payments pulled out monthly as I originally documented when I filed my taxes?

If you applied for a payment plan, and have not had a response yet, it is best to wait for the IRS to contact you.  Usually they will send a letter confirming the payment plan and telling you when the first payment will start.  At that point, you can pay in full, and future payments will be stopped.  The risk is that if you pay now, then after the IRS approves the payment plan they will still start taking payments.

Also, the application fee for the payment plan can't be refunded, even if you pay in full the day after applying.  That's an IRS rule, sorry.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies