I have a client that paid the IRS $24,000 on April 14th. This was not an estimated payment. When he did the payment online he put it in as a 2025 tax payment. I just did his taxes now. Do I put in the $24,000 on the return or is it sitting in an account at the IRS and will the amount he owes be deducted from that.
IRS payments
Collapse
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.