Can't Pay My Tax Bill

It's April 15th, you just completed your tax return and you owe the IRS money.  But you don't have it.  You have to pay it because if you don't, you will be assessed penalties.  What are you going to do?

You should file by the deadline and send in what money you can.  The IRS offers payment plans to those who qualify.  To find out if you can take advantage of the offers use the Online Payment Agreement Application at the IRS website.

To avoid having to owe tax next tax season, you might consider submitting a new W-4 to your employer and having more taxes withheld.  This pdf file will allow you to type in your information so that you can print and submit it to your employer.