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Penalty for Not Paying Enough Tax During the

Amount You Owe

Year

IRS e-file offers you the electronic payment option

You may have to pay a penalty if line 12 is at least $1,000 and it is

of electronic funds withdrawal (EFW). EFW can be

more than 10% of the tax shown on your return. The “tax shown on

used to pay your current year balance due and can be used to make

your return” is the amount on line 10 minus the amount on line 8a.

up to four estimated tax payments. If you are filing early, you can

You may choose to have the IRS figure the penalty for you. If you

schedule your payment for withdrawal from your account on a

owe a penalty, the IRS will send you a bill. However, if you want to

future date, up to and including April 15, 2008. If you file your

figure the penalty yourself on Form 2210, you must file Form

return after April 15, 2008, you can now include interest and pen-

1040A or 1040 to do so.

alty in your payment. Visit and enter “e-pay” in the

The penalty may be waived under certain conditions. See Pub.

search box for details.

505 for details.

You also can pay using the electronic federal tax payment system

You will not owe the penalty if your

(EFTPS), a free tax payment system that allows you to make pay-

Exceptions to the penalty.

2006 tax return was for a tax year of 12 full months and either of the

ments online or by phone. For more information or details on

following applies.

enrolling, visit or call Customer Service at

1-800-316-6541. TTY/TDD help is available by calling

1. You had no tax shown on your 2006 return and you were a

1-800-733-4829.

U.S. citizen or resident for all of 2006, or

2. Line 7 on your 2007 return is at least as much as the tax shown

on your 2006 return.

Line 12

To save interest and penalties, pay your taxes in full by

April 15, 2008. You do not have to pay if line 12 is

TIP

Third Party Designee

under $1.

If you want to allow a friend, family member, or any other person

You can pay by check, money order, or credit card.

you choose to discuss your 2007 tax return with the IRS, check the

“Yes” box in the “Third party designee” area of your return. Also,

Enclose in the envelope with

To pay by check or money order.

enter the designee’s name, phone number, and any five digits the

your return a check or money order payable to the “United States

designee chooses as his or her personal identification number

Treasury” for the full amount when you file. Do not attach the

(PIN). But if you want to allow the paid preparer who signed your

payment to your return. Do not send cash. Write “2007 Form

return to discuss it with the IRS, just enter “Preparer” in the space

1040EZ” and your name, address, daytime phone number, and

for the designee’s name. You do not have to provide the other

social security number (SSN) on your payment. If you are filing a

information requested.

joint return, enter the SSN shown first on your return.

If you check the “Yes” box, you, and your spouse if filing a joint

To help process your payment, enter the amount on the right side

return, are authorizing the IRS to call the designee to answer any

of the check like this: $ XXX.XX. Do not use dashes or lines (for

example, do not enter “XXX – ” or “XXX

questions that may arise during the processing of your return. You

”).

100

are also authorizing the designee to:

To pay by credit card.

You can use your American Express®

•

Give the IRS any information that is missing from your return,

Card, Discover® Card, MasterCard® card, or Visa® card. To pay

•

by credit card, call toll-free or visit the website of either service

Call the IRS for information about the processing of your

return or the status of your refund or payment(s),

provider listed on this page and follow the instructions. A conve-

•

nience fee will be charged by the service provider based on the

Receive copies of notices or transcripts related to your return,

amount you are paying. Fees may vary between the providers. You

upon request, and

•

will be told what the fee is during the transaction and you will have

Respond to certain IRS notices about math errors, offsets, and

the option to either continue or cancel the transaction. You can also

return preparation.

find out what the fee will be by calling the provider’s toll-free

automated customer service number or visiting the provider’s web-

You are not authorizing the designee to receive any refund

site shown below.

check, bind you to anything (including any additional tax liability),

or otherwise represent you before the IRS. If you want to expand

Link2Gov Corporation

Official Payments Corporation

the designee’s authorization, see Pub. 947.

1-888-PAY-1040

1-800-2PAY-TAX

The authorization will automatically end no later than the due

(1-888-729-1040)

(1-800-272-9829)

date (without regard to extensions) for filing your 2008 tax return.

1-888-658-5465

1-877-754-4413

This is April 15, 2009, for most people. If you want to revoke the

(Customer Service)

authorization before it ends, see Pub. 947.

You may need to (a) increase the amount of income tax

TIP

withheld from your pay by filing a new Form W-4 or (b)

Sign Your Return

increase the tax withheld from other income by filing

Form W-4V. See Income tax withholding and estimated

Form 1040EZ is not considered a valid return unless you sign it. If

tax payments for 2008 on page 27.

you are filing a joint return, your spouse must also sign. If your

spouse cannot sign the return, see Pub. 501. Be sure to date your

What if You Cannot Pay?

return and enter your occupation(s). If you are filing a joint return as

If you cannot pay the full amount shown on

Installment payments.

a surviving spouse, see Death of a taxpayer on page 28.

line 12 when you file, you can ask to make monthly installment

payments for the full or a partial amount. You may have up to 60

Child’s return.

If your child cannot sign the return, either parent

months to pay. However, even if your request to pay in installments

can sign the child’s name in the space provided. Then, add “By

(your signature), parent for minor child.”

is granted, you will be charged interest and may be charged a late

payment penalty on the tax not paid by April 15, 2008. You must

Daytime phone number.

Providing your daytime phone number

also pay a fee. To limit the interest and penalty charges, pay as

may help speed the processing of your return. We can have ques-

much of the tax as possible when you file. But before requesting an

tions about items on your return, such as the earned income credit.

installment agreement, you should consider other less costly alter-

If you answer our questions over the phone, we may be able to

natives, such as a bank loan or credit card payment.

continue processing your return without mailing you a letter. If you

To ask for an installment agreement, you can apply online or use

are filing a joint return, you can enter either your or your spouse’s

Form 9465. To apply online, go to , use the pull-down

daytime phone number.

menu under “I need to ...” and select “Set Up a Payment Plan.” If

you use Form 9465, you should receive a response to your request

Generally, anyone you pay

Paid preparer must sign your return.

to make installment payments within 30 days. But if you file your

to prepare your return must sign it in the space provided. The

return after March 31, it may take us longer to reply.

preparer must give you a copy of the return for your records.

Need more information or forms? See page 31.

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Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - Internal Revenue Service - 2007 Page 16

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