Tag Archives for Taxes.
UPDATE: This post is out of date. . If you have large estimated or year-end tax payments you’ve probably wondered if you could profit by paying your taxes with a rewards-earning credit or debit card. The answer is unequivocally “yes”. The trick is to make sure that the benefits you get outweigh the fees and hassle involved. In my previous post, “The ultimate guide to paying taxes by credit card, debit card, or gift card.…
UPDATE: This post is out of date. . If you have large estimated or year-end tax payments you’ve probably wondered if you could profit by paying your taxes with a rewards-earning credit or debit card. The answer is unequivocally “yes”. The trick is to make sure that the benefits you get outweigh the fees and hassle involved. Before getting into the details of how to pay your taxes with various forms of plastic, here are…
This is the sixth and final post in a series dedicated to analyzing options for earning points and other rewards when paying federal taxes. If you haven’t already, please review the earlier posts: Buying miles and points from the IRS: debit cards Buying miles and points and cash from the IRS with credit cards Buying perks and points from the IRS with credit cards Buying miles and points from the IRS with Amex gift cards…
UPDATE: This post is out of date. . This is the fifth post in a series dedicated to analyzing options for earning points and other rewards when paying federal taxes. If you haven’t already, please review the earlier posts: Buying miles and points from the IRS: debit cards Buying miles and points and cash from the IRS with credit cards Buying perks and points from the IRS with credit cards Buying miles and points from…
UPDATE: This post is out of date. . This is the fourth post in a series dedicated to analyzing options for earning points and other rewards when paying federal taxes. If you haven’t already, please review the earlier posts: Buying miles and points from the IRS: debit cards Buying miles and points and cash from the IRS with credit cards Buying perks and points from the IRS with credit cards In posts outlined above, I…
UPDATE: This post is out of date. . Is it worth paying taxes by credit card if you pick the right card to use? Do credit card perks make up for the fees associated with paying taxes via credit card? In recent posts, I showed how you can use federal tax payments to essentially buy points and miles (and even cash). Please see: Buying miles and points from the IRS: debit cards Buying miles and…
UPDATE: This post is out of date. . UPDATE: The Barclaycard offer referenced below is no longer available. Click here to find updated offers. Yesterday I showed how to earn miles by paying taxes via debit cards (see “Buying miles and points from the IRS: debit cards“). Today we’ll take a look at rewards credit cards. If you have very large estimated or year-end tax payments you’ve probably wondered if you could profit by paying…
UPDATE: This post is out of date. . If you have large estimated or year-end tax payments you’ve probably wondered if you could profit by paying your taxes with a rewards-earning credit or debit card. The answer is unequivocally “yes”. The trick is to make sure that the benefits you get from your card outweigh the tax payment fees. Here is a chart (provided by the IRS) that shows the fees associated with paying taxes…
Recently I detailed how to “pay federal taxes via credit card for free.” The process works, but is fairly complicated: first buy Amex gift cards and get cash back, then use those Amex gift cards to buy $1000 Visa gift cards, then use those Visa gift cards as debit cards to pay taxes at a very low rate. If you need to use more than two debit cards, then you need to call in to…
Advertiser Disclosure: FrequentMiler is an independent, advertising-supported web site. Frequent Miler has financial relationships with many of the cards mentioned here, and is compensated through the credit card issuer Affiliate Program. This compensation does not impact how or where products appear on this site. Frequent Miler has not reviewed all available credit card offers in the marketplace. Advertiser partners include American Express, Barclays, Capital One, and CreditCards.com.
Editorial Note: The editorial content on this site is not provided by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed here are the author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.
Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Privacy Policy: Please click here to view our Privacy Policy
