How do I know if I can defer my tax payment? I already selected that option when filing but I want to make sure I understand

I put in the deferment section I would pay 10/1/2024 but when looking on the IRS site it’s supposed to actually be an installment plan that gets approved by them. I’m just confused and want to make sure if I actually can defer the payment or if I’m misunderstanding and just pay for my taxes now.

16311

Level 15

Apr 27, 2024 7:45:26 AM

You misunderstood, a tax payment cannot be deferred. Taxes owed were required to be paid on or before April 15, 2024 to avoid a failure to pay penalty.

If you cannot pay the taxes owed at this time then you should apply for a payment plan from the IRS.

Go to this IRS website for a payment plan application - https://www.irs.gov/payments/online-payment-agreement-application

Level 15

Apr 27, 2024 8:12:08 AM

Where is the deferment section? Are you maybe in a disaster zone?

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How do I know if I can defer my tax payment? I already selected that option when filing but I want to make sure I understand