If You Owe ...

If You Owe ...

Payment options for tax owed to the IRS are available in the OLT software, choose from the following:

Electronic funds transfer (EFW), this is a direct debit to your bank account by the IRS once the return is accepted.  Enter your bank routing number and account number and a date to authorize the payment (if prior to April 18th (for the 2021 return). 

Mail payment directly to the IRS by check.  Print the payment voucher included with your forms to include with your payment when mailing.  (Choose this option if you wish to pay directly to the IRS using a debit/credit card at https://www.irs.gov/payments)

Request an installment agreement.  Complete the installment agreement in the OLT software or apply directly at https://www.irs.gov/payments.  You may also call the IRS at 1-800-829-1040 to arrange payments.

For more information about installment agreements and other payment options visit the IRS Web site at IRS.gov.  IRS Publications 594, The IRS Collection Process and 966, Electronic Choices to Pay All Your Federal Taxes also provide additional information regarding your payment options. 

 

 

 

 

Leave a comment?

0 Comments
Login
REGISTER WITH EMAIL

related articles