IRS payment
Definition
A financial remittance or transaction made to the Internal Revenue Service (IRS), the U.S. federal agency responsible for administering and enforcing internal revenue laws, typically to settle tax liabilities, penalties, or estimated payments.
An electronic or physical submission of funds via methods like direct debit, check, or online portals to fulfill obligations under the U.S. tax code.
Examples
After binge-watching tax tutorials on YouTube, he mustered the courage for his annual IRS payment.
Her IRS payment arrived fashionably late, turning a routine deduction into a thrilling game of financial chicken.
The entrepreneur celebrated his first profitable quarter by wiring an IRS payment that could fund a small nation's fireworks display.
Splitting the IRS payment with his business partner felt like dividing a pizza nobody really wanted.