Stewart 
There are several ways to pay your New York tax bill. Some of these methods require a fee, while others are free of charge. Credit cards are a convenient way to make a payment, but they charge a fee of around 1.87% of the total balance. Using a credit card to pay your taxes can also cause your balance to increase exponentially. You should also consider the ease and speed of direct deposit. Here are the three main methods for paying your taxes:
The best way to pay your taxes is to use an online payment system. You can use the IRS’s secure service to transfer money directly from your bank account. This way, you can get updates on the status of your payment, make changes, and cancel it at any time. In case you owe a small amount, you can also pay using cash at a retail outlet. Cash payments take about five to seven business days to process.
Some states also allow you to pay your taxes by making an ACH credit or debit transaction. ACH Debit transactions occur when an institution pulls money from your account. ACH credit transactions occur when your bank pushes money to the institution. These methods are often free, but you can pay a fee of up to $3 if you use a credit card. You should check with your bank for specific instructions. ACH Debit is the most popular method, but ACH Credit can also be used.
Another method for making your tax payment is to mail a check. Make sure to include your social security number and payment amount in the memo line. Mailing your payment by mail requires a postmark, and you should choose a certified mail service with return receipt request. You will need to provide a copy of your tax return with your check. This can save you a lot of headaches later on. But whatever method you choose, be sure to file your taxes as soon as possible. In any case, it is better to file your taxes as soon as possible to avoid any interest and penalties.
Another way to pay your taxes is to pay them in quarterly installments. In this way, you pay a lower monthly installment than what you owe and receive a refund if you have an income that fluctuates year to year. By paying quarterly, you’ll get your money in a timely fashion without letting the IRS know how much you earned. This method is also known as pay-as-you-go. When you receive a bill from the IRS, you can also pay it as a one-time payment instead of a monthly one.
You can also pay your taxes through eChecks. In the United States, you can pay with a check or a money order. Be sure to check with your bank before mailing your payment. When you pay through a check, you’ll need to have your account open and eligible to accept debit transactions. If you’re a student, you can use the Tax TIPPS option to make payments monthly. When you pay by check, you can use a savings account for the payment, but you’ll need to make sure that you have the necessary funds.
