Electronic Funds Withdrawal (EFW) is an integrated e-file/e-pay option offered only when filing your federal taxes using tax preparation software or through a tax professional. Using this payment option, you may submit one or more payment requests for direct debit from your designated bank account. We offer other payment options if you are not e-filing, or if you e-file but want to pay separately. How to make an electronic funds withdrawal payment Features and benefits of electronic funds withdrawalEstimated Tax Payments – Up to four quarterly tax payments may be submitted with Form(s) 990-PF, 990-T, 1041 (1041-ES), and 1120/1120-F/1120-S/1120-POL. Up to four Form 1040-ES quarterly tax payments for TY 2022 may be submitted with the TY 2021 e-filed return. A separate payment record is required for each payment request. The bank account information can be the same or different for each payment request submitted. A separate payment record is required for each (business or individual) estimated payment. The bank account information can be the same or different for each payment entered. Facts you need to knowThe EFW transaction authorizes the U.S. Department of the Treasury (through a Treasury Financial Agent) to transfer the specified payment amount from the specified bank account to the Treasury's account, "IRS USA Tax Payment," "IRS USA Tax Pymt" or something similar will be shown on your bank statement as proof of payment. If the payment date requested is a weekend or bank holiday, the payment will be withdrawn on the next business day. In that case, your bank may put a hold on those funds, and treat it as a pending transaction. The payment amount will be debited in a single transaction. No recurring or partial withdrawals will be made. Federal Tax Deposits cannot be made via the EFW payment option. For payment options for making Federal Tax Deposits, please refer to the Tax Form Instructions for that form. Cancellations, errors and questionsFor information on other electronic payment options visit the Payments webpage. For information about IRS e-filing options visit our Filing webpage. (责任编辑:) |