What Should You Do If You Need More Time to Pay Taxes?

Woman hands with coins in glass jar, close up

If you haven’t filed your tax return because you couldn’t pay in-full by the April 17 deadline, here are a few tips that could save you from a potential failure to file penalty and interest:

  • File now and Pay as Much as Possible.
  • Get a Loan or Use a Credit Card to Pay the Tax.
  • Don’t wait for IRS to send a bill. Use the Online Payment Agreement tool.
  • The IRS may take collection action against taxpayers who don’t respond to notices, so don’t ignore a tax bill.
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By C Fitts Tax Solutions, LLC Posted in Tax Talk