NY State Balance Due

[JimmyO1]

Taxpayer asks if she can make one payment (50% of balance due) by electronic payment and 50% of balance due in 30 days.  She has been informed that interest will be charged on outstanding balance after May 17th. How can this be set up in ProConnect?

[IntuitJim]

The simple answer is no, the e-file system is not a bank that accepts installments. You can schedule estimated tax payments for the future year, but the prior year tax allows for 1 payment. 

You have advised your client that the tax is due, and delaying results in P&I. You could make the payment thing work by filing for an extension, paying the 50% with the extension payment. Then come back later and file the return with the second 50% payment. While not recommended, this is a potential workaround.  

[JimmyO1]

Thank you.  I understand. 

[jflinton]

The client can also make the payment directly on the NYS Tax website. It will require them to set up an Online Services . https://www.tax.ny.gov/pay/all/make_a_payment_section.htm