IRS Proposes to Directly Accept Tax Payments by Credit, Debit Cards

Taxpayers will have to pay bank processing fees

This illustration picture shows debit and credit cards arranged on a desk in Arlington, Va. on April 6, 2020. Olivier Douliery/AFP via Getty Images

The Internal Revenue Service (IRS) on July 2 proposed rules changes that would allow taxpayers to directly make tax payments by credit or debit cards.

The IRS currently authorizes three third-party processors to collect tax payments made with credit or debit cards. The federal agency doesn’t charge a fee for this service, but those companies do.