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Plastiq, the online bill pay service that charges your credit card and then sends out checks on your behalf, has a new tax payment promotion where their fees are just 1.75% for tax payments made with a MasterCard.
The next lowest fee for tax payments is 1.87% from sites like Pay1040.com.
You may want to meet minimum spend on a MasterCard. Or you may want to earn cash back on your tax payment with the no annual fee Citi Double Cash card which gives you 1% back when you make a purchase and another 1% back when you pay the bill for that purchase.
Either way you’ll be making money (or plenty of points) on paying your taxes.
Plastiq supports several federal tax types:
And they support several state taxes as well, which I expect vary by state. For instance, they do not support any in Texas which has no state income tax. But in my former home state of Virginia they list:
The Plastiq 1.75% promo for tax payments with a MasterCard runds through April 18 at 5 p.m. Pacific time.
I set up a few figure amount in payments when they were running a 1.5% promotion via MasterCard. I’ve asked Plastiq about the timeliness of sending out tax payments, and which ones are sent electronically and will update this point. Until then I wouldn’t likely send payments due on April 15 on that day. But for those thinking about their taxes in advance this could be a very attractive option.