To Diego Mamani – I'm not sure how the CC fee thing works. We've not owed Federal taxes ever now that I think about it. I just assumed you could pay via CC. Are there fees involved? If the fees are over 1.00 you're right, it wouldn't be beneficial. I'd earn say 1000 points on a 1000.00 tax bill which is 1/10 of a 10.00 gift card. Guess I'll pay by check. That will only cost me .41 and an envelope (my checks come free from B of A cuz I'm an ooo-la-la Premier member – ain't I special :>) ) Thanks for the heads up on this…we're doing our taxes this weekend to see how bad the damage is!
convenience fee is typically 2-3%, which is typically more than most CC rebate programs are. At least this is the case for property tax.
BTW: if this is the first time you owe the IRS money, then you and your hubby are pretty generous giving the government an interest free loan in the previous years. If you were off by alot by getting huge refunds, you should consider upping your tax exemptions on your W2's so that less is withheld. Just make sure you either end up paying more taxes from the previous year, or you keep within 90% of the total taxes you owe by Jan (send in estimated tax payments in december). And be sure you change your exemptions if your financial situation changes from year to year.
