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  1. If you can't cover your taxes in full, you should still file your return by April 15 and pay what you can, according to the IRS. You can apply for an IRS payment plan, or "installment agreement," to pay your balance over time.
    www.cnbc.com/2024/04/12/heres-what-to-do-if-yo…

    If You Can’t Pay Taxes on Time, Here Are 6 Ways to Cope

    • 1. Take a deep breath You aren’t about to be arrested. ...
    • 2. File your tax return on time ...
    • 3. Pay what you can right away ...
    www.nerdwallet.com/article/taxes/cant-pay-income …
    Taxpayers who owe but cannot pay in full by the deadline don't have to wait for a tax bill to request a payment plan. They can apply for a payment plan on IRS.gov. Taxpayers can also submit a payment plan request in writing using Form 9465, Installment Agreement Request.
    www.irs.gov/newsroom/most-federal-tax-returns-ar…
  2. People also ask
    Taxpayers who owe but cannot pay in full by May 17 don't have to wait for a tax bill to set up a payment plan. Taxpayers can also submit a payment plan request using Form 9465, Installment Agreement Request. What Is the Due Date of My Federal Tax Return or Am I Eligible to Request an Extension?
    The IRS offers several options for people who can’t pay their taxes by the due date. Examples are extensions of time to pay, monthly payment plans, and even programs for people in financial hardship situations. A tax professional can help you determine which option is best for you, and even request the payment plan for you from the IRS.
    The penalty is 5% a month on the unpaid amount up to 25%. If your return is 60 days late, the minimum penalty will be either $435 or the amount of tax you owe, whichever is smaller. But you will avoid that penalty if you simply file on time, even if you can’t pay what’s owed.
    File their tax return or request an extension of time to file by the May 17 deadline. People who owe tax and do not file their return on time or request an extension may face a failure-to-file penalty for not filing on time. Taxpayers should remember that an extension of time to file is not an extension of time to pay.
  3. What if I can’t pay my taxes? | Internal Revenue Service

  4. Taxpayers should file their tax return on time even if they can’t pay ...

  5. Can't Pay Your Income Taxes? 6 Ways to Cope - NerdWallet