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Subject Author Date
e-paying federal taxes without e-filing rick++ 03-21-2008
Posted by rick++ on March 21, 2008, 3:49 pm
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 I was wondering you could do a bill-pay directing into
the IRS coffers without having to efile, and discovered
"yes", but you have to pay a large fee.
One of the intermediate payment managers this year
will debit bank accounts to a 1040V and 1040ES
for a 2.49% commission. I couldnt find the reciprocal
of free direct deposit for refunds :-( Has anyone
discovered any better way.

Reasons why I dont like efile:
1) A fee over $54K AGI
2) Lots of personal financial data on the internet . The IRS has not
yet compromised its tax info like British Tax Service did, but its
just
a matter of time.

Reasons I like billpay:
1) No large checks floating about postal system for weeks.
2) Instant feedback.
3) Less financial numbrs than tax return.

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<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
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Posted by Rich Carreiro on March 21, 2008, 4:05 pm
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> I was wondering you could do a bill-pay directing into
> the IRS coffers without having to efile, and discovered
> "yes", but you have to pay a large fee.
> One of the intermediate payment managers this year
> will debit bank accounts to a 1040V and 1040ES
> for a 2.49% commission. I couldnt find the reciprocal
> of free direct deposit for refunds :-( Has anyone
> discovered any better way.

Use the government-run tax payment system:
https://www.eftps.gov/eftps/

--
Rich Carreiro rlc-news@rlcarr.com

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Paul Thomas, CPA on March 21, 2008, 5:33 pm
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>I was wondering you could do a bill-pay directing into
> the IRS coffers without having to efile, and discovered
> "yes", but you have to pay a large fee.
> One of the intermediate payment managers this year
> will debit bank accounts to a 1040V and 1040ES
> for a 2.49% commission. I couldnt find the reciprocal
> of free direct deposit for refunds :-( Has anyone
> discovered any better way.



EFTPS. It's free for most all business tax payments (941, 940, etc and so
on), individual tax payments (1040ES, etc).




> Reasons why I dont like efile:
> 1) A fee over $54K AGI


Who charges you? Not the IRS.




--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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