If you owe taxes with your Federal or State Income Tax Return, you can submit payment with the return or manually pay them later. Let’s look at the easiest ways to pay your income taxes.
The easiest way to pay estimated taxes is to submit them online.
Submitting Federal Income Tax Payment
Use the IRS Direct Pay system to submit estimated taxes online. Select “Balance Due” for the reason, apply the payment to “Income Tax – Form 1040”, and select the correct year.
Submitting WI State Income Tax Payments
Pay WI State Income Tax using their Quick Pay system.
Submitting MN State Income Tax Payments
Pay MN State Estimated Income Tax using their Quick Pay system.
Have other questions? Email us at Team@LaxFP.com, and we’ll get back to you.
This article is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation.