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New Member
posted Jan 24, 2020 11:11:39 AM

If I requested an installment plan, but want to just pay in full, can I still do this? It looks like the vouchers they sent me add up to more than what I owe.

0 4 496
4 Replies
Expert Alumni
Jan 24, 2020 11:35:05 AM

Yes, you can pay in full at any point.

 

The total of your payments in an installment agreement will be more than the tax that was due because they charge a fee for an installment agreement and interest for the amount paid after the deadline. 

 

The sooner you pay the total tax, the less the total will be. 

New Member
Jan 24, 2020 11:38:17 AM

How do I make the payment?

Level 15
Jan 24, 2020 11:40:05 AM


@beth-cook1 wrote:

How do I make the payment?


Go to this IRS website to pay federal taxes owed - https://www.irs.gov/payments

Expert Alumni
Jan 24, 2020 11:42:38 AM

You can send a check or money order with the full amount due to the address on the payment vouchers or

you can make an online payment here

 

The Direct Pay option is free, the Debit Card or Credit Option charge a convenience fee.