Tax Payment Bonus Thread
Apr 5, 2006 | 2:48 pm
#136
Join Date: May 2000
Location: Naples, Florida
Posts: 7,419
Originally Posted by pinniped
.....In Europe, I simply never use points because I don't want an American business hotel when I'm there. When I'm in Paris, the last thing I want is a hotel that makes me feel like I'm in Tulsa. 
...
...Other than this, I often use points in Europe (when I don't get a **** hotel with Priceline) and have had very, very nice hotels:
-Westin Bellevue Dresden
-Westin Grand Berlin
-Sheraton Vitznau (or so), Lake Lucern
to name a few.
This is actually the reason why I am going to pay my tax with Starwood. $125 (+/-) gives me 10,000 for a nice hotel, which would cost me at least $200 (+/-). And I 'park' the amount for about 6 weeks on a 4% + account (with a payment due on May 30)
Apr 5, 2006 | 3:53 pm
#137
FlyerTalk Evangelist
Join Date: May 2002
Location: Pittsburgh
Programs: MR LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus, HH Gold, Hertz PC, National Executive, etc.
Posts: 31,670
Originally Posted by pinniped
Highest Starwood-specific rate I've seen was when I got a 1-bedroom suite at the W Chicago. That one was about $1200.
I used mine for that week at Steamboat a couple of years back - $399/night, 40K points for 5 nights. That's 5 cents per point. And my Super Bowl deal, probably 8-9 cents.
Even regular stays, as long as you're sensical about it, should yield 2.5-2.7 cents per point.
Here, I can earn them at 1.25 cents. Seems like a no-brainer to me.
Apr 6, 2006 | 6:28 pm
#138
Join Date: Mar 2000
Location: Bay Area
Posts: 367
I have another idea, which all the great minds didn't catch in 10 pages 
Looks like nothing prevents one from combining two offers: reduced 1.99% fee from Citibank and double points/miles.
That's what I will try - start from any of citi landing pages: CitiDebit
or
CitiCredit
and then use Starwood Amex for the actual payment !
I went half-way only 'cause I didn't complete my taxes yet, but it seems to be working. It is possible that officialpayments.com will verify that card is really Citicard during checkout, but I doubt it. And, we've got nothing to lose, if trick doesn't work - we end up with standard 2.49% fee.
Looks like nothing prevents one from combining two offers: reduced 1.99% fee from Citibank and double points/miles.
That's what I will try - start from any of citi landing pages: CitiDebit
or
CitiCredit
and then use Starwood Amex for the actual payment !
I went half-way only 'cause I didn't complete my taxes yet, but it seems to be working. It is possible that officialpayments.com will verify that card is really Citicard during checkout, but I doubt it. And, we've got nothing to lose, if trick doesn't work - we end up with standard 2.49% fee.
Last edited by neophyte; Apr 7, 2006 at 1:44 pm
Apr 6, 2006 | 6:42 pm
#139
Join Date: Jun 2000
Location: SPG Plat, HH Gold, Marriott Gold
Posts: 1,015
Originally Posted by neophyte
And, we've got nothing to lose, if trick doesn't work - we end up with standard 2.49% fee.
Apr 6, 2006 | 7:16 pm
#140
Join Date: Mar 2000
Location: Bay Area
Posts: 367
Originally Posted by Family flyer
Remember that if you use the SPG card and your balance due is less than $5,000, the "standard" fee is 1.25% since SPG provides double miles on the first $5,000 in payments.
Now, one can get double *Wood points or double UA or DL miles, that makes miles twice cheaper, but does not alter 2.49% fee.
In my wickedness I want to pay 1.99% fee and earn double SPG points !
Apr 6, 2006 | 7:25 pm
#141
Join Date: Jun 2000
Location: SPG Plat, HH Gold, Marriott Gold
Posts: 1,015
Originally Posted by neophyte
That not exactly right - without Citi offer you pay 2.49% fee in cash regardless.
Now, one can get double *Wood points or double UA or DL miles, that makes miles twice cheaper, but does not alter 2.49% fee.
Now, one can get double *Wood points or double UA or DL miles, that makes miles twice cheaper, but does not alter 2.49% fee.
Apr 7, 2006 | 3:35 am
#142
Join Date: Oct 2000
Location: San Francisco, CA
Posts: 3,106
two dumb questions
Hi all...
I finally got my UAL Mileage Plus Visa (Signature!) card. Just to pay taxes with. woo woo!
1) Is there a limit on the number of miles I can receive for paying taxes? I'm 1P, btw.
2) The most basic question of all: When I do make my payment, what do I send in along with my estimated tax voucher and my 1040 returns? A printout of the payment or some confirmation e-mail or?
I finally got my UAL Mileage Plus Visa (Signature!) card. Just to pay taxes with. woo woo!
1) Is there a limit on the number of miles I can receive for paying taxes? I'm 1P, btw.
2) The most basic question of all: When I do make my payment, what do I send in along with my estimated tax voucher and my 1040 returns? A printout of the payment or some confirmation e-mail or?
Apr 7, 2006 | 4:49 am
#143
Join Date: Jun 2000
Location: SPG Plat, HH Gold, Marriott Gold
Posts: 1,015
Originally Posted by DJMeatBall
The most basic question of all: When I do make my payment, what do I send in along with my estimated tax voucher and my 1040 returns? A printout of the payment or some confirmation e-mail or?
Sometime after April 17 the IRS will match your Social Security number with the credit card payments to verify that your balance was paid on time. Keep your confirmation number in case the IRS ever says you didn't pay on time.
Apr 7, 2006 | 9:31 am
#144
Join Date: May 2000
Location: Naples, Florida
Posts: 7,419
Originally Posted by neophyte
I have another idea, which all the great minds didn't catch in 10 pages
Looks like nothing prevents one from combining two offers: reduced 1.99% fee from Citibank and double points/miles.
That's what I will try - start from any of citi landing pages: CitiDebit
or
CitiCredit
and then use Starwood Amex for the actual payment !
I went half-way only 'cause I didn't complete my taxes yet, but it seems to be working. It is possible that officialpayments.com will verify that card is really Citicard during checkout, but I doubt it. And, we've got nothing to lose, if trick doesn't work - we end up with standard 2.49% fee.
Looks like nothing prevents one from combining two offers: reduced 1.99% fee from Citibank and double points/miles.
That's what I will try - start from any of citi landing pages: CitiDebit
or
CitiCredit
and then use Starwood Amex for the actual payment !
I went half-way only 'cause I didn't complete my taxes yet, but it seems to be working. It is possible that officialpayments.com will verify that card is really Citicard during checkout, but I doubt it. And, we've got nothing to lose, if trick doesn't work - we end up with standard 2.49% fee.
When it comes to "SELECT CARD TYPE" you can select only "MASTERCARD"!
Apr 7, 2006 | 9:58 am
#145
Original Poster
A FlyerTalk Posting Legend
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 42,580
Originally Posted by DJMeatBall
Hi all...
I finally got my UAL Mileage Plus Visa (Signature!) card. Just to pay taxes with. woo woo!
1) Is there a limit on the number of miles I can receive for paying taxes? I'm 1P, btw.
I finally got my UAL Mileage Plus Visa (Signature!) card. Just to pay taxes with. woo woo!
1) Is there a limit on the number of miles I can receive for paying taxes? I'm 1P, btw.
Apr 9, 2006 | 10:51 am
#146
Join Date: Feb 2003
Location: San Rafael, CA
Programs: Life SPG Plat, 7X NH DIA
Posts: 2,840
Can someone help with the quarterly estimated side of this?
I need to make a quarterly payment for 2006 with my return. Also the next quarterterly payment is coming up in June.
Thinking of just paying them now during the bonus period with the SPG Amex.
Do I need to be able to specify which quarterly payment I'm making?
Should I just do it in one transaction or should I do to separate transactions?
Thanks,
Scho
I need to make a quarterly payment for 2006 with my return. Also the next quarterterly payment is coming up in June.
Thinking of just paying them now during the bonus period with the SPG Amex.
Do I need to be able to specify which quarterly payment I'm making?
Should I just do it in one transaction or should I do to separate transactions?
Thanks,
Scho
Apr 9, 2006 | 9:55 pm
#147
FlyerTalk Evangelist
Join Date: May 2001
Location: MSY; 2-time FT Fantasy Football Champ, now in recovery.
Programs: AA lifetime GLD; UA Silver; Marriott LTTE; IHG Plat,
Posts: 14,813
Anyone do the credit card thing in conjunction with an extension?
I'm going to owe more than $5000, and I won;t be ready to file by next weekend. So $5000 on the credit card for the SPG 2X, the rest by check, and I have a few more months to get my act together.
So I just made the payment thru pay1040.com using the spg link, and the final confirmation screen says "Your transaction is complete. There is no need to mail in Form 4868. An application for an automatic extension of time to file a return will be posted to your IRS account. "
But I still need to pay the excess by check. So I'm guessing I send in 4868 anyway (despite what it says), along with the check, is that right? Or is there a different form that I should use?
I'm going to owe more than $5000, and I won;t be ready to file by next weekend. So $5000 on the credit card for the SPG 2X, the rest by check, and I have a few more months to get my act together.
So I just made the payment thru pay1040.com using the spg link, and the final confirmation screen says "Your transaction is complete. There is no need to mail in Form 4868. An application for an automatic extension of time to file a return will be posted to your IRS account. "
But I still need to pay the excess by check. So I'm guessing I send in 4868 anyway (despite what it says), along with the check, is that right? Or is there a different form that I should use?
Apr 10, 2006 | 4:38 am
#148
Join Date: Jun 2000
Location: SPG Plat, HH Gold, Marriott Gold
Posts: 1,015
Originally Posted by schoflyer
Do I need to be able to specify which quarterly payment I'm making? Should I just do it in one transaction or should I do to separate transactions?
Thanks,
Scho
Thanks,
Scho
Apr 10, 2006 | 5:16 am
#149
Join Date: Sep 2001
Location: Washington, DC
Programs: UA Plat MM, AA Gold, Hyatt Explorist, Hilton Gold, IHG Plat, Marriott Titanium Elite
Posts: 5,015
Originally Posted by swag
[B]But I still need to pay the excess by check. So I'm guessing I send in 4868 anyway (despite what it says), along with the check, is that right? Or is there a different form that I should use?
Apr 14, 2006 | 10:21 am
#150
Join Date: Jun 2005
Location: GOT, LAX, CDG, NRT, ICN
Programs: M&M, FB, DL, BA, UA...
Posts: 792
Had a flyer in my statement for 1000 NW bonus miles for paying taxes with my Worldperks Visa @:-) If you owe less than $1000 this seems like a better offer than double points. Will keep the flyer, since I haven't been able to find the offer online.