"Money is good, love is wealth." - Doug Horton
logo

Go Back   Saving Advice > Financial Chit Chat > Personal Finance

Personal Finance Credit cards, home loans, retirement plans and taxes. The place for all your personal finance questions.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 05-09-2005, 10:35 PM
Amy752's Avatar
Amy752 Amy752 is offline
$ Saving Jr. High Schooler
 
Join Date: Apr 2005
Location: Gulf Coast
Posts: 85
Last Blog Entry: Overwhelmed, but happy! :)
Points: 3224.40
Donate
Default Tax question re: making payments...

We got hit pretty hard on federal taxes this year and went with the option to make payments. They let us pick our payment amount and due date. Now, it's been almost a month and I am wondering...will they bill us, or do we just send it in? I thought you had to get approved, but we haven't heard anything. Anybody know?

Thanks!
Reply With Quote
  #2 (permalink)  
Old 05-10-2005, 03:33 AM
Tree0164 Tree0164 is offline
$ Saving College Junior
 
Join Date: Apr 2004
Posts: 1,385
Last Blog Entry: Understanding Life Insurance
Points: 16002.50
Donate
Default Re: Tax question re: making payments...

Amy I would call.

The IRS is one place I wouldn't want to be maying a late payment to.
Reply With Quote
  #3 (permalink)  
Old 05-10-2005, 04:34 AM
KathMorgan KathMorgan is offline
$ Saving Second Grader
 
Join Date: Apr 2005
Posts: 10
Points: 100.00
Donate
Default Re: Tax question re: making payments...

Depending on when you actually applied you will eventually get a letter detailing out your payments, fees and interest. Best recommendation is to start sending in at least the payment amount you put on the installment agreement ASAP. If you can do more, great, do it for sure, but don't do less under any circumstances. Mail a check to the address that you return is sent to and make sure you put the primary SSN on the memo line and "form 9465 installment payment".
Reply With Quote
  #4 (permalink)  
Old 05-10-2005, 06:53 AM
Amy752's Avatar
Amy752 Amy752 is offline
$ Saving Jr. High Schooler
 
Join Date: Apr 2005
Location: Gulf Coast
Posts: 85
Last Blog Entry: Overwhelmed, but happy! :)
Points: 3224.40
Donate
Default Re: Tax question re: making payments...

Good advice - thank you!
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Do you pay extra car payments? doodles44 Personal Finance 25 01-30-2007 08:56 AM
estimated tax payments TinyFish Personal Finance 3 08-13-2006 05:08 PM
Taxes with Mortgage Payments AlltheBest Personal Finance 12 02-25-2006 09:42 AM
Bi-weekly CC payments? mms Personal Finance 7 10-06-2005 10:40 AM
Anyone try bi-monthly mortgage payments? PennyPincher Personal Finance 7 08-13-2005 10:20 PM



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.