Does the IRS accept cash payments?

Forum|Forum|3 years ago
March 11, 2023
3 replies
13 views

I never thought about cash payments to the IRS. I'm looking at a bank statement for a deceased individual and I see a check copy made to Cash with IRS in the Memo.

We have no other info except bank statements. I think there is no way to verify it except for me to get POA and look at transcripts.

Lacerte Tax

This topic has been closed for replies.

George4Tacks

Level 15

It is amazing what you can find with Google.

https://www.irs.gov/payments/pay-your-taxes-with-cash

Still the best receipt would be a account transcript.

Answers are easy. Questions are hard!

sjrcpa

Level 15

They used to if you walked into an IRS office.

Cannabis businesses have to pay that way so I guess they still do.

Look at the back of the cancelled check. Even if it was written to cash and sent to IRS they would still cash it I bet.

The more I know the more I don’t know.

qbteachmt

Level 15

If it's on a Statement, it was cashed and cleared. Unless you suspect fraud (on the endorsement), then it got accepted.

Don't yell at us; we're volunteers

IRonMaN

Level 15

I heard the IRS likes to collect cash payments ------------- that way they don't have to report it as income 😜

Slava Ukraini!

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