Which of the following payment options is the least costly choice available to a taxpayer who cannot pay the amount owed on their tax return by April 15, 2019, but who expects to pay it by August 1, 2019.

• File the return with a Form 9465, Installment Agreement Request
• File the return and apply for an extension of up to 120 days online or by calling the IRS.
• Complete Form 1040-ES to make quarterly payments on the 2015 tax liability.
• Wait until August to file the return.

Answer rating: 100% (QA)

Required solution Ans option B File the return and apply for an extension of upto 120 days online ... View the full answer