Now that tax season has ended, many Americans know if they can expect a refund or owe money to the IRS.
The agency has various ways for someone to pay off their taxes.
The best thing to do is to choose the suitable option for yourself and your family.
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Five ways the IRS will let you pay the taxes you owe
The first way you can pay is by Electronic Funds Withdrawal.
This lets you pay when you’re filing online through software or a tax professional with e-filing.
You may use Direct Pay with your bank account to pay taxes for a 1040 or your estimated taxes.
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You can choose to use your debit or credit card when you electronically file.
Tax professionals and software give you the option.
You can choose to pay by cash at any participating retailer.
Retail locations that will let you pay your tax bill to the IRS
- Dollar General
- Family Dollar
- CVS Pharmacy
- Walgreens
- Pilot Travel Centers
- 7-Eleven
- Speedway
- Kum & Go
- Royal Farms
- Go Mart
- Kwik Trip
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Another way to pay is by setting up an installment plan with the IRS.
This lets you pay your tax bill over time with a payment plan.
This way will add interest to your payments, so you end up paying more.
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