WASHINGTON, DC — If you applied for an extension to file your taxes, the clock is ticking — you have until the end of the day to submit your 2024 tax return.

Even with a partial government shutdown, the IRS is still expecting taxpayers to file on time. But if you can’t afford to pay your full tax bill right now, you still have options to stay in good standing and avoid hefty penalties.

Payment Plan Options

According to the IRS, taxpayers can apply for short-term or long-term payment plans online.

Short-term payment plan: You’ll need to pay your balance in 180 days or less . There’s no setup fee , though interest will continue to accrue until your balance is paid in full.

Long-term payment plan: You can make monthly payments , but this option includes a setup fee that varies

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