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re: Paying my taxes with a credit card
Posted on 3/23/13 at 6:12 pm to jso0003
Posted on 3/23/13 at 6:12 pm to jso0003
quote:
The IRS will take your card but will charge a hefty fee. You might be better off paying from savings
Like I said, I did the math and even with the 2.4 % fee I'll come out on top considering the promotion I get from the credit.card spending x amount of dollars in the first few moths. I'll basically get a free plane ticket despite the fee I will pay.
Posted on 3/24/13 at 9:51 pm to rintintin
quote:
Like I said, I did the math and even with the 2.4 % fee I'll come out on top considering the promotion I get from the credit.card spending x amount of dollars in the first few moths. I'll basically get a free plane ticket despite the fee I will pay.
You realize you can do this anytime of the year? This maneuver has nothing to do with taxes, it's just charging today's expenses and making sure you can pay back after 12 months.
There's no real reason to pay the extra fee.
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