10% Amounts subject to electronic deposit requirements but not deposited using EFTPS
Even if clients do not register for EFTPS
, they can still make electronic withdrawals from their accounts for tax balances due with their e-filed business or individual tax returns, including estimated tax payments and extensions.
Batch software allows tax preparers to make large numbers of federal tax payments on behalf of clients with the single click of a mouse using Treasury's EFTPS
for one year (four consecutive quarters).
State and local governments enroll and participate in EFTPS
just as any other business taxpayer.
6603 deposit only by check or money order and is silent on making a deposit through the Electronic Federal Tax Payment System (EFTPS
), in the CCA the Chief Counsel concluded that making deposits by EFTPS
Small businesses to use EFTPS
for deposits beginning in 2011
Review up to 16 months of EFTPS
payment history online to confirm payments have been made.
For more information and to learn about the other EFTPS
alternatives (Bulk Provider Program and the Single Debit program), call 1-800-555-4477 or 1-800-945-8400 or visit www.
has been around for several years, this is the first year, this is the first year it's available online.
Because the requirements were not well known and because of problems encountered by taxpayers in striving to comply, the IRS has repeatedly delayed the imposition of penalties for failing to use EFTPS
While the Electronic Federal Tax Payment System (EFTPS
), a free service from Treasury, has been available for all federal tax payments for more than 10 years, the pilot with Illinois marks the first time state withholding taxes also may be paid via EFTPS