IRS EFTPS
The Electronic Federal Tax Payment System (EFTPS) is a free service from the U.S. Department of the Treasury.
EFTPS is a convenient way to make federal tax payments online or by phone, 24/7.
Who Can Participate?
EFTPS is available for businesses, individuals, financial institutions, payroll companies, and tax practitioners.
What Taxes Can Be Paid Using EFTPS?
Once enrolled, your business can use EFPTS to make tax payments electronically for the followinf taxes:
Form 720--------------------Quarterly Federal Excise Tax Return
Form 940--------------------Employer's Annual Federal Unemployment Tax (FUTA) Return
Form 941--------------------Employer's Quarterly Federal Tax Return
Form 943--------------------Employer's Annual Tax Return For Argiculture Employees
Form 945--------------------Annual Return Of Withheld Income Tax Return
Form 990-C-----------------Farmer's Cooperative Association Income Tax Return
Form 990--PF---------------Return of Private Foundation
Form 990-T-----------------Exempt Organization Business Income Tax Return Section 4947 (a) (1) Charitable Trust Treated As A Private Foundation
Form 1041------------------Fiduciary Income Tax Return
Form 1042------------------Annual Withholding Tax Return For U.S. Sources Of Income Of Foreign Persons
Form 1120------------------U.S. Corproation Income Tax Return
Form CT-1------------------Employer's Annual Railroad Retirement Tax Return
Section 4947 (a)(1)-------Charitable Trust Treated As A Private Foundation
In addition, you can use EFPTS to make non-depository payments of Federal:
1-Income Tax
2-Estimated Tax
3-Estate Tax
4-Gift Tax
5-Employment Tax
6-Various Specified Excise Taxes
You MUST Enroll In The EFTPS Program-You have 2 Options
1.Visit www.eftps.gov
Select the enrollment tab
Select business or individual
Enter the requested information
Submit
OR
2.You can enroll by phone 888-725-7879
NOTE: Gather your information such as your taxpayer identification number (Employer Identification Number or Social Security Number; Bank account number and routing number; & Name and address as they appear on your tax documents)
**Check with your financial institution to be sure you can use them for EFTPS.
Get Your Temporary Password
After you receive your PIN and enrollment number from the IRS, call 800-982-3526 to get a temporaty Internet password.
**You will need to setup a regular password after this.
How To Make Tax Payments Using EFTPS
1-Online at www.eftps.gov
2-By Phone 800-555-3453 for businesses or 800-315-4829 for individuals
Questions, Customer Service & Help
800-555-4477 for businesses
800-316-6541 for individuals.
NOTE &WARNING
You're responsible for making tax payments-----------on time.
You are still required to pay any tax by the due date and file all tax returns by their due date to avoid potential penalties and interes charges.
If you use a payroll company or other party to make your tax payments for you, always verify EACH MONTH that a payment was in fact made on your behalf.
CALL NOW 561-746-1926 or 561-339-8102 if you have any questions or concerns or would like to schedule a FREE, Confidential, No-Obligation Tax-Saving Consultation.