If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. The number of payments you can make when submitting tax forms is limited (for details: https://bit.ly/40tUTMM). Plus, there are processing fees. Depending on the processor, the cost of using a personal debit card is $2.10 or $2.15. It’s 1.75% or 1.85% of the total ($2.50 minimum) if you use a personal credit card. Be aware that any applicable penalties and interest will continue to grow until you pay the full balance. Employers can’t use credit or debit cards to pay federal tax deposits. For more information: https://bit.ly/3LJMrpv
