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Then do the payment later thru EFTPS instead...But don't pay thru EFTPS until you actually get the tax filing acceptance indication (not just transmitted...an actual "Accepted") ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
You must make quarterly estimated tax payments for the current tax year if both of the following apply: - 1. You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits. - 2. You expect your withholding and credits to be less than the smaller of:
Call IRS e-file Payment Services 24/7 at 888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling. Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date.
Direct Pay is an alternative to IRS EFTPS (Electronic Federal Tax Payment System). Direct Pay is functional most days 23+ hrs/day. Sunday maintenance period now. TurboTax 2019 return was accepted by the IRS and the state yesterday. TurboTax IRS 2019 Electronic Payment yesterday, maybe the $$ payment processes on Monday.
You can make additional estimated tax payments at any time through EFTPS. Just login and click on "Make A Payment", then select form 1040, then choose tax type Estimated 1040ES. You should also be able to edit any future scheduled payments.
Hello, I received notice CP162A, and I'm trying to pay it online through EFTP or payUSAtax, but I don't see the option for form CP162A.
Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid. Or click on Tax Tools on the left side of the screen. Click on Tools. Click on Topic Search. Type in estimated tax payments, click on GO. Federal estimated taxes paid are entered on Form 1040 Schedule 3 Line 8.
1 Best answer. Mike9241. Level 15. did you use EFTPS for all payments or that for some and Direct Pay for others. each is a separate system that doesn't reflect payments by other means. you may want to review either your tax a/c transcript or record of a/c transcript.
Generally, electronic funds transfers are made using the Electronic Federal Tax Payment System (EFTPS). However, if the corporation does not want to use EFTPS, it can arrange for its tax professional, financial institution, payroll service, or other trusted third party to make deposits on its behalf.
No, the IRS will not retry an EFT if the first attempt failed. Per the IRS: "If a payment is returned by your financial institution (e.g., due to insufficient funds, incorrect account information, closed account, etc.) the IRS will mail a Letter 4870 to the address we have on file for you, explaining why the payment could not be processed, and providing alternate payment options."