What Taxpayers Should do When They Need More Time to Pay
Filing on time saves taxpayers from a potential failure-to-file penalty.
Here are some tips for those who can’t pay their taxes in full by the April 17 deadline:
– File on Time and Pay as Much as Possible. Taxpayers can pay online, by phone, by check or money order, or with their mobile device using the IRS2Go app.
– Get a Loan or Use a Credit Card to Pay the Tax.
– Use the Online Payment Agreement tool.
– Don’t Ignore a Tax Bill. The IRS may take collection action against taxpayers who don’t respond to notices.
Original Story at IRS website.