How to pay your taxes online

Whether you need to make estimated tax payments throughout the year, pay a balance due when filing your return, or submit a payment with your tax extension, making an electronic payment from your bank account is the fastest and most secure way. Below are step-by-step instructions to guide you through making these payments to the IRS.

Making a Federal Payment (free)

  1. Go to: https://directpay.irs.gov/directpay/payment?execution=e1s1. You can also reach the same page by going to the IRS homepage, irs.gov, and selecting “make a payment”, then “direct pay with bank account,” then “Pay individual tax,” then “make a payment”… but why take 4-steps when you can use the first link and go there directly!

  2. Be sure to fill out the options according to the type of payment you’re trying to make, selecting either Balance Due, Estimated Tax, or Extension and the corresponding year.

3.  On the next page, fill in the required verification fields regarding names, addresses, SSNs, and filing status. *You must select a prior tax year for verification*

4. Enter your bank information and submit it to complete your transaction. It’s a good idea to save the confirmation screen or have it emailed it to you.

That’s it!

 

Making Payments to Virginia

  1. Go to https://www.tax.virginia.gov/eforms (no login is required)

  2. Select the coresponding form for the type of payment you wish to make.

    760ES Individual Estimated Payment
    760IP Individual Extension Payment
    760-PMT Individual Return Payment

  3. Follow the prompts to complete your transaction. Be sure to select the correct

    *Note that the site will default to the current calendar year, so if you are making a 4th quarter estimated payment in January, you will need to manually adjust the “for taxable year” to the correct tax year.

Follow the prompts, and be sure select the corect year for the payment you’re making.

Colin Page, CFP®

Colin Page is the founder of Oakleigh Wealth Services, a financial planning and wealth management firm in Charlottesville, VA. He meets with clients in person or virtually.

Colin specializes in helping professionals and families navigate the transition to retirement while aligning their time and money with what they value most.

For more information, check out Oakleigh’s approach and services page.

https://www.oakleighwealth.com
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