Comments on: Enrolled in EFTPS in Anticipation of Taxes

By: So This is What Happened to Our Stimulus Payment

So This is What Happened to Our Stimulus Payment — Sat, 21 Jun 2008 21:05:13 +0000

[...] payment vouchers. It isn’t that I didn’t make tax payments. I did pay $3,500 tax via EFTPS before April 15, but apparently that’s not enough. And when I went through the tax forms [...]

By: Taxes are Finally Done and Some Thoughts on What to Do Next | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing

Mon, 16 Apr 2007 15:26:37 +0000

[...] big check. I never rush when I need to pay money back. Since then I have made two payments through EFTPS so I don’t have to make all the payment at [...]

By: The Sun

The Sun — Tue, 13 Feb 2007 02:32:19 +0000

Mary: It’s true that it’s a little bit hassle setting up the account. However, this is an one-time job and once it’’s completed I don’t have to do it again. Therefore, I think it’s much more convenient to use than sending a check. Besides, EFTPS can save me money on stamps as well.

By: Mary

Mary — Tue, 13 Feb 2007 00:50:29 +0000

Isn’t mailing the IRS a check easier than enrolling in this EFTPS business?

By: dimes

dimes — Mon, 12 Feb 2007 00:20:28 +0000

Possibly your income is too high. If you have a high income and no children, you’re likely to owe regardless of your withholdings unless you have a lot of deductions, and then you may still be subject to the Alternative Minimum Tax (but don’t ask me about it, it’s sort of a parallel universe kind of thing).