Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Other Taxes

Is it ok to make a tax payment check to IRS?



after sending my check made out to IRS, I realized it should be made to US Treasury. Will this be a problem?

The IRS is an agency of the Treasury Dept. Relax. :)
The IRS will cash your check. Have no fear.

As long as it's in the payment envelope, the IRS will keep it. Even when taxpayers mistakenly send their state-balance-due check to the federal government, it gets cashed, says Burlison. "It's truly a matter of volume. It's not necessarily what's written on the payee line." The checks are just stamped "received" and taken to the bank.

Back in 1998, the IRS announced that taxpayers should make their checks payable to "United States Treasury," instead of the "Internal Revenue Service." Here's why. Too many taxpayers got lazy, abbreviated and wrote the check to the "IRS" -- even though the instructions warned against it.

-Dwayne
The IRS has NEVER turned down any amount of money, period! The check, unless mailed this morning, has already been cashed, your funds removed from the bank, and a set of accountants are pouring over your return to see if the IRS can get more of your money. (trust that they will find a way..they are very good at finding ways). Now, if the check bounces, that is another story all together...Oh, boy!
Tags
Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes
Related information
  • Is the country of Qatar taxfree for civilian contractors?
  • What's tax return?
  • I have honey in kenya and i would like to export to europe what do ido to get contact who need pure bee honey?
  • Distinguish between reporting entities and taxable entities give examples of each?
  • What is number of fed exemptions?
  • What is 'coherent' mean in 'coherent principles based approach' to drafting tax laws?
  • Do I have to pay taxes on home improvement work done on my home, such as putting in new steps?
  • What happens if I mailed out my taxes with the wrong postage?
  •  

    Finance Categories--Copyright/IP Policy--Contact Webmaster