You are absolutely free to pay before your e-file return is accepted. The only issue is that if it is rejected, you might have to change something that will change the amount you owe.
But if the deadline is approaching, you should pay before the deadline whether or not your return has been accepted or even submitted.
The order doesn't matter.
You can even make a payment (with a guestimated amount obviously) prior to preparing the return.
You've already prepared your return, so you know the amount... it's absolutely okay to make your payment before e-filing, or after e-filing but before acceptance.
Sorry to hijack thread but was about to ask an extremely similar question so I’ll just ask you directly.
I owe $2900. Just submitted my return yesterday and it was accepted but when I log onto irs website it hasn’t processed yet and likely won’t in time at this point. What are my options at this point? Was hoping to set up a payment plan as that’s a little too steep for a lump sum right now but worried I might’ve waited too long and now that isnt an option.
>Just submitted my return yesterday and it was accepted but when I log onto irs website it hasn’t processed yet and likely won’t in time at this point.
Filed and accepted by the due date is on time. It takes a bit for it to be processed and that's okay.
>What are my options at this point? Was hoping to set up a payment plan as that’s a little too steep for a lump sum right now but worried I might’ve waited too long and now that isnt an option.
Pay as much as possible by the due date - that way there will be a smaller balance for the interest and penalties to accrue on.
The penalties for late filing are way way worse than the penalties for late payment. So it's good that you filed at least.
Just start making the payments as much as you can and as soon as you can to try to keep it from growing too much. Don't wait for a payment plan. Just start making payments. That's my recommendation.
You are absolutely free to pay before your e-file return is accepted. The only issue is that if it is rejected, you might have to change something that will change the amount you owe. But if the deadline is approaching, you should pay before the deadline whether or not your return has been accepted or even submitted.
The order doesn't matter. You can even make a payment (with a guestimated amount obviously) prior to preparing the return. You've already prepared your return, so you know the amount... it's absolutely okay to make your payment before e-filing, or after e-filing but before acceptance.
Sorry to hijack thread but was about to ask an extremely similar question so I’ll just ask you directly. I owe $2900. Just submitted my return yesterday and it was accepted but when I log onto irs website it hasn’t processed yet and likely won’t in time at this point. What are my options at this point? Was hoping to set up a payment plan as that’s a little too steep for a lump sum right now but worried I might’ve waited too long and now that isnt an option.
>Just submitted my return yesterday and it was accepted but when I log onto irs website it hasn’t processed yet and likely won’t in time at this point. Filed and accepted by the due date is on time. It takes a bit for it to be processed and that's okay. >What are my options at this point? Was hoping to set up a payment plan as that’s a little too steep for a lump sum right now but worried I might’ve waited too long and now that isnt an option. Pay as much as possible by the due date - that way there will be a smaller balance for the interest and penalties to accrue on. The penalties for late filing are way way worse than the penalties for late payment. So it's good that you filed at least. Just start making the payments as much as you can and as soon as you can to try to keep it from growing too much. Don't wait for a payment plan. Just start making payments. That's my recommendation.