Have you ever considered doing this? 🤔
Instead of paying the bill all at once, putting it on a credit card can help pay it off over a longer period, as long as the interest rate on the card isn’t too much higher than an IRS payment plan.Normally, signup bonuses can be achieved by spending a minimum amount on a card. If the processing fee from the IRS doesn’t erase any potential gains from the bonus, then charging your tax debt can help you reach the bonus.
Paying for taxes with an airline branded credit card can help someone reach a status that will result in rewards such as bonus miles, class upgrades or lounge access.If this is the case, a payment plan with the IRS would be better instead of a credit card.If paying for taxes only adds to the debt on a credit card, that will make a financial situation worse, not better.A big charge on the credit card can be a problem for your score.
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