Friday, November 20, 2009

What are common methods that people use to pay tax liability?

I am trying to research the different methods that people use to pay tax liabilities at the end of the year (i.e. credit card, check, electronic funds transfer, etc) and what percent of the population uses each. I am incorporating this information into research on refund anticipation loans.





Also, anybody have any information on methods that people use to receive their refunds? (i.e. direct deposit, IRS check, refund anticipation loan, etc)

What are common methods that people use to pay tax liability?
I send in checks. If the amount that I owe is a lot, I usually send in some of it and a note along with the check stating when I will be able to pay the balance. IRS does work with you.





Also, I get any refunds direct deposited into my account.
Reply:People can pay as they go by sending quaterly payments. The widely use method is sending a check when they file their returns at the end of the year.

my cat

No comments:

Post a Comment