Sponsor spotlight Tax bill payment options expand digitally

Taxpayers have multiple options for paying their tax bills this season, including electronic funds withdrawal, checks, credit and debit cards, digital wallets, and cash payments. Electronic funds withdrawal, directly debited from a checking or savings account, is free of charge. Credit card payments, processed through vendors like Pay1040 and ACI Payments, incur fees ranging from 1. 75% to 1. 85%, with a minimum cost of $2.

50. Debit card payments involve fees between $2. 10 and $2. 15, and digital wallet transactions typically carry a $1. 50 fee.

Cash payments can be made at one of 60,000 designated locations, but taxpayers must secure an appointment beforehand. Those with an online IRS account can make secure payments through that platform. Limits exist on the number of credit card transactions per year, and approvals are required for payments exceeding $100,000. Taxpayers facing difficulties in paying their taxes can explore installment payment plans.