Can I eFile If I Owe Money?
Yes. You can still pay with a check sent via snail mail, if you want. As long as the check is in the mail by the due date of your return—April 15, 2008, for 2007 returns—the payment is considered to be on time. Or you can advise the IRS to debit your checking or savings account for the amount due. No matter when you file your return, you can tell the IRS not to tap your account until the due date. A third option is to charge the balance due to a credit card. This method will cost you extra money, though; you’ll have to pay a “convenience fee” of about 2% to the third party that handles the transaction. States are gradually adding these options.
Yes. You can still pay with a check sent via snail mail if you prefer. As long as the check is in the mail by the due date of your return—April 15, 2009 for 2008 returns—the payment is considered to be on-time. Or you can advise the IRS to debit your checking or savings account for the amount due. No matter when you file your return, you can tell the IRS not to tap your account until the due date. A third option is to charge the balance due to a credit card. This method will cost you extra money, though; you’ll have to pay a “convenience fee” of about 2% to the third party that handles the transaction. States are gradually adding these options.
