Tax Payment Bonus Thread
#527

Join Date: Feb 2002
Location: new york,ny
Posts: 201
Since official payments charges a straight percentage, I think if you make 2 different payments to same account you can accomplish the same thing.
#528
Join Date: Aug 2011
Location: PDX, PVR, NHA
Programs: SPG plat 75, HH Gold
Posts: 262
Thanks. That's what I'm hoping (large tax bill and mile/point wise it's best for me to spread it around). I have to wait until Monday morning to talk to a live person there . . . that oughta be fun! I'm guessing an hour on hold.
#529


Join Date: Dec 2006
Location: USA
Posts: 3,948
#530
Join Date: Aug 2011
Location: PDX, PVR, NHA
Programs: SPG plat 75, HH Gold
Posts: 262
#531

Join Date: Jun 2011
Location: Flyover Territory
Programs: Hilton Diamond
Posts: 688
Am I thinking this through correctly?
I'm a relative newbie here.
Taxes due today. We owe $15,912 today for state and federal, plus $15,943 in estimated taxes over the course of the year for a total of $31,855.
If I pay the entire amount with my new Chase Explorer Visa (CL will handle the payment due today, fyi), I'll pay $602 in fees.
We itemize, and our misc expenses exceed the 2%, so after tax, the fee would effectively be $392. (Am I doing this correctly???)
I'd earn 31832 United miles for the payments, plus I'd exceed the $25,000 level and would receive a 10,000 mile bonus for a total of 41,832 miles for $391.
This is well under a penny a mile and seems worth doing.
Is there any better bonus from a Visa or Mastercard? I'd get 7% bonus from Chase Sapphire, and I could get MQM from US Air but I'm not going to get much from status.
Thanks for any input.
Edited to add: sorry I just realized this was not the ideal thread. I was thinking of "bonus" differently than the OP of this thread. If desired, move this to the "paying taxes with credit card" type thread where I should have put it. I know that i should not repost so I won't do that.
Taxes due today. We owe $15,912 today for state and federal, plus $15,943 in estimated taxes over the course of the year for a total of $31,855.
If I pay the entire amount with my new Chase Explorer Visa (CL will handle the payment due today, fyi), I'll pay $602 in fees.
We itemize, and our misc expenses exceed the 2%, so after tax, the fee would effectively be $392. (Am I doing this correctly???)
I'd earn 31832 United miles for the payments, plus I'd exceed the $25,000 level and would receive a 10,000 mile bonus for a total of 41,832 miles for $391.
This is well under a penny a mile and seems worth doing.
Is there any better bonus from a Visa or Mastercard? I'd get 7% bonus from Chase Sapphire, and I could get MQM from US Air but I'm not going to get much from status.
Thanks for any input.
Edited to add: sorry I just realized this was not the ideal thread. I was thinking of "bonus" differently than the OP of this thread. If desired, move this to the "paying taxes with credit card" type thread where I should have put it. I know that i should not repost so I won't do that.
Last edited by akp; Apr 16, 2012 at 8:49 am Reason: wrong thread!
#532
Join Date: Oct 2010
Posts: 411
I'm a relative newbie here.
Taxes due today. We owe $15,912 today for state and federal, plus $15,943 in estimated taxes over the course of the year for a total of $31,855.
If I pay the entire amount with my new Chase Explorer Visa (CL will handle the payment due today, fyi), I'll pay $602 in fees.
We itemize, and our misc expenses exceed the 2%, so after tax, the fee would effectively be $392. (Am I doing this correctly???)
I'd earn 31832 United miles for the payments, plus I'd exceed the $25,000 level and would receive a 10,000 mile bonus for a total of 41,832 miles for $391.
This is well under a penny a mile and seems worth doing.
Is there any better bonus from a Visa or Mastercard? I'd get 7% bonus from Chase Sapphire, and I could get MQM from US Air but I'm not going to get much from status.
Thanks for any input.
Edited to add: sorry I just realized this was not the ideal thread. I was thinking of "bonus" differently than the OP of this thread. If desired, move this to the "paying taxes with credit card" type thread where I should have put it. I know that i should not repost so I won't do that.
Taxes due today. We owe $15,912 today for state and federal, plus $15,943 in estimated taxes over the course of the year for a total of $31,855.
If I pay the entire amount with my new Chase Explorer Visa (CL will handle the payment due today, fyi), I'll pay $602 in fees.
We itemize, and our misc expenses exceed the 2%, so after tax, the fee would effectively be $392. (Am I doing this correctly???)
I'd earn 31832 United miles for the payments, plus I'd exceed the $25,000 level and would receive a 10,000 mile bonus for a total of 41,832 miles for $391.
This is well under a penny a mile and seems worth doing.
Is there any better bonus from a Visa or Mastercard? I'd get 7% bonus from Chase Sapphire, and I could get MQM from US Air but I'm not going to get much from status.
Thanks for any input.
Edited to add: sorry I just realized this was not the ideal thread. I was thinking of "bonus" differently than the OP of this thread. If desired, move this to the "paying taxes with credit card" type thread where I should have put it. I know that i should not repost so I won't do that.
#533

Join Date: Jun 2011
Location: Flyover Territory
Programs: Hilton Diamond
Posts: 688
Good point
If only that extra day gave me enough time to get the Chase BA card. i could have hit that 20K spend for the extra 50K Avios with no trouble. Regret.


I have a couple of heavy min spends from recent approvals, plus would like to get the 15k bonus for PRG 30k annual spend. All this will work out perfectly!