If you’re not a pro at filling out taxes, you’re going to either have to use e-file with one of the available software solutions or find a tax preparer who can do it for you. For those whose income is $60,000 or less, who have disabilities, or whose English is limited, the IRS has a program called the Volunteer Income Tax Assistance (VITA) to help with tax preparation. There is also Tax Counseling for the Elderly (TCE) for people who are 60 or older. Go to the page describing these programs for more information. You can also use a locator tool to find providers of these programs near you. You can also take a look at the AARP Foundation Tax-Aide program. According to its website, it “provides tax assistance to anyone, free of charge, with a special focus on taxpayers who are over 50 or have low to moderate income.”
If you use a tax preparer, the person or company who does your taxes needs to be authorized to use e-file; if you don’t already have a tax professional, you can find one at the IRS site.
If you’ve got to actually pay taxes, it’s a lot easier to do it online. The IRS lists a variety of ways.
First, you can use Direct Pay to pay your annual taxes (using 1040 forms), quarterly estimated taxes, or a number of other types of taxes; they are listed here. Direct Pay is for paying personal taxes. If you are paying business taxes, you can do that through the Electronic Federal Tax Payment System (EFTPS). Be aware that, according to the IRS, it can take up to five business days to process a new EFTPS enrollment.
You can also pay via a credit or debit card or a digital wallet such as PayPal or Click to Pay; however, there is a fee involved (since the IRS isn’t going to absorb what your credit card company is charging for the service). If you’re paying by debit card, it can cost from $2.14 to $2.50, depending on the service you use. If you use a credit card, it could cost you up to another 1.98 percent of your payment amount — so if you can, Direct Pay is definitely the way to go.
If you owe taxes but simply don’t have the available funds to pay them, you can arrange for a payment plan. If you owe less than $100,000 and can manage to pay the full amount within 180 days, you can establish a short-term payment plan in which there is no setup fee (although you will have to pay penalties and interest on the owed amount). Otherwise, you could qualify for a monthly payment plan for which you apply either online, by phone, or by mail. It will cost an additional $31 setup fee besides penalties and interest if you apply online (or $107 if you apply by phone, mail, or in person), although it’s possible to get a waiver of that fee if you qualify.
One of the ways the IRS tries to convince you to file online is to assure you that you will get your refund faster — in less than 21 days, in most cases, although there are exceptions. (If you file via paper, it could take six months or more to process.) Once you’ve filed, you can check the status of your refund online 24 hours after you’ve filed. You can also download the official IRS2Go mobile app, which allows you to check the status of your refund, pay your taxes, and get other information.
If you can’t do your taxes by the due date because of a family emergency, job pressures, or because you simply put it off for too long, you can file for an extension. We’ve got a separate article telling you how to do that right here.