Step 1 format a business letter. Make sure these 4 items are on the front the check or money order.
The irs provides payment vouchers that you can submit with your money order to ensure proper credit to your tax balance.
How to write a money order to the irs. The agency makes itself accessible in multiple ways if you have questions about completing your tax return if you want to check your tax refund status or you need help from the irs for another tax related purpose. If you prefer cash payment see more information below. Typically form 1040 v is the form that you will use.
We ll prepare form 1040 v for you. Do not send cash through the mail. Mail the check or money order to the irs along with form 1040 v postmarked by the april 15 2021 tax filing deadline to avoid the late payment penalty.
Make your check money order or cashier s check payable to u s. Remember that business letters are single spaced and use block paragraphing which means you don t indent with each new paragraph. Writing a letter of explanation to the irs after receiving a notice can be a daunting task whether it s for penalty waivers adjusted refunds or for cp 2000.
Tax season can be an intimidating and overwhelming time when you re not a tax expert but the irs stands by to guide you through it. Checks and money orders made payable to irs or left blank must be over stamped with united states treasury immediately upon receipt. In the pay to field write the name and the address of the person or the company you are sending your money.
Checks and money orders made payable to internal revenue service u s. Treasury or department of the treasury can still be accepted and processed. Read these steps to ensure you are completing the necessary steps and including the right information.
How to write a money order step 1. Fill out your personal information with your name and address in the from field. Open a blank word processing document and set the font to something readable such as times new roman 12 point.
Generally any person in a trade or business who receives more than 10 000 in cash in a single transaction or related transactions must complete a form 8300 report of cash payments over 10 000 received in a trade or business pdf form 8300 is a joint form issued by the irs and the financial crimes enforcement network fincen and is used by the government to track individuals that evade. Leave enough space at the top of step 2 add the irs address. Instead you leave a blank line between paragraphs.
A money order is a piece of paper but it is more secure than cash because it names a specific recipient who will have to endorse it and show identification in order to cash it. Include the date when you purchased your money order. You can use letterhead if you have it.
Insert this information at the top of the page.