miles for taxes
Jan 4, 2006 | 7:46 am
#1
Original Poster
Join Date: Sep 2005
Location: MSN
Programs: NW PE
Posts: 134
miles for taxes
can be had for Fed, State, local through
https://www.officialpayments.com/index.jsp
using various CC.
It does cost some money but not much more than flying
https://www.officialpayments.com/index.jsp
using various CC.
It does cost some money but not much more than flying
(It helps to increase the miles/$ value!)
Jan 4, 2006 | 4:27 pm
#4
Join Date: Mar 2005
Location: Malibu, CA
Programs: UAL Silver!, Starwood Gold, Marriott Plat, AA Exec Platinum
Posts: 168
I have read the T&C and have not found these offers to be even remotely worthwhile, unless you need the credit to pay your taxes, the points obtained vs. the fees charged just don't make sense, when you can apply for a credit card such as this
http://www.firstusa.com/cgi-bin/webc...cont&mkid=6VBD
and get 25000 miles for $60
TT
http://www.firstusa.com/cgi-bin/webc...cont&mkid=6VBD
and get 25000 miles for $60
TT
Jan 4, 2006 | 4:45 pm
#5
FlyerTalk Evangelist
Join Date: Aug 2001
Location: RSW
Programs: HHonors - Diamond; IHG - Diamond; Marriott Bonvoy - Platinum
Posts: 14,288
That all depends on the size of the tax bill. I find the convenience fee well worth it, as opposed to not getting credit for a check that was never processed [correctly]. Moreover, I've been known to make an estimated payment at year end during a double miles on all transactions period, thus getting extra miles for the fee as well.
Jan 4, 2006 | 8:41 pm
#7
Join Date: Feb 2004
Location: Just off the Main Line
Programs: AA EXP 2MM, DL Lifetime PM 2MM, Bonvoy Lifetime Titanium Elite, HH Diamond
Posts: 925
If you use the Citibank AAdvantage card, they have a special link that lowers the convenience fee from 2.49% to 1.99%. Perhaps not as good as the double mile offer, but it helps.
Code:
https://www.officialpayments.com/promotions/feeoffer/ca/index.html
Jan 4, 2006 | 9:01 pm
#8
FlyerTalk Evangelist
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,422
I posted something about this to a tax experts' website and was told you could probably also deduct the "convenience fee" if it's taxes you are paying on behalf of a business (employee's withholding/FICA/Medicare money).
I asked about how an individual could participate and was told not to try it, because to pay quarterly you'd have to file a false (or at least semi-false) W-4 saying you weren't subject to withholding and this was held to be an exceedingly bad idea.
I guess right before you file you could pay in some extra via CC and get a refund, but it doesn't seem incredibly lucrative.
I asked about how an individual could participate and was told not to try it, because to pay quarterly you'd have to file a false (or at least semi-false) W-4 saying you weren't subject to withholding and this was held to be an exceedingly bad idea.
I guess right before you file you could pay in some extra via CC and get a refund, but it doesn't seem incredibly lucrative.
Jan 5, 2006 | 1:00 am
#9
Join Date: Jul 2000
Location: Evanston, IL USA
Posts: 29
Discover Card
Last year you could file at www.taxfreedom.com for free and pay with Discover with no fees. No word yet on the rules for that site this year.
(The Discover card deal might have been available at turbotax.com too.)
Cash back, no miles.
(The Discover card deal might have been available at turbotax.com too.)
Cash back, no miles.
Jan 5, 2006 | 9:57 am
#10
Join Date: Apr 2005
Location: Here! (Or there - I'm not sure)
Programs: Peon in all
Posts: 4,358
Because of the "convenience fees" you have to pay, normally it doesn't make sense to pay by credit card "to get miles" only. But is you can find an offer for something like "pay your taxes and get double miles", then it is more reasonable.
It may not be the best use (miles/$), but it is almost an acceptable rate! (IMHO - I would only pay by credit card if I can get double miles! Never at the 1:1 ratio.)
It may not be the best use (miles/$), but it is almost an acceptable rate! (IMHO - I would only pay by credit card if I can get double miles! Never at the 1:1 ratio.)