How do I pay my taxes?

Modified on Mon, 28 Apr at 9:07 PM

You are responsible for paying your taxes in each jurisdiction. Each jurisdiction has different requirements:

In the USA: If you have a US bank account and provide the required information during onboarding, we can link your account to the tax authority so that payments are automatically debited via ACH.
Outside the USA: Bank/wire transfers are required, and this varies by country. For each payment, we will give you clear instructions on the payment amount, destination, and deadline.

Once a tax return has been approved by you, you will be able to see the payment instructions available for each tax return.

A few important things to keep in mind:

You must ensure the tax authority receives the exact amount due as shown on your tax return.
You are responsible for covering any bank fees, and if the tax authority receives less than the amount owed, you may be liable for penalties or interest on late payments.
If making international bank transfers, remember that they can take a few days to process, so plan ahead to ensure your payment arrives before the deadline.
Note: The deadline is the date by which the tax authority must have received the funds, not the date you send the payment.