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Returning Member
posted Sep 25, 2024 3:41:20 PM

Payment

Can taxes be paid in installments? Or are they fully due with the return?

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3 Replies
Level 15
Sep 25, 2024 3:44:27 PM

The tax owed are fully due and payable when you file your tax return or you can file the return without a payment if you are going to have a payment plan.

You can set up a payment plan for the federal taxes owed.  Go to this IRS website for an online payment plan application - https://www.irs.gov/payments/online-payment-agreement-application

Expert Alumni
Sep 25, 2024 3:51:53 PM

 

Hello julie-a!

 

Yes, taxes can be paid in quarterly installments: Estimated taxes.

When you file your return, any balance due on the return is due ay April 15.

 

I hope this is helpful!

Thank you!

Returning Member
Sep 25, 2024 4:46:20 PM

Thank you!