Who Can Participate?
-
Taxpayers who file electronically can e-file and e-pay in a single step by authorizing an electronic funds withdrawal via tax preparation software or a tax professional.
-
Regardless of how the return is filed, taxpayers can pay by phone or Internet using a credit or debit card.
What Types of Business Taxes Can Be Paid Electronically?
The following types of balance due business taxes can be paid by electronic funds withdrawal and credit or debit card:
EFW and Credit or Debit Card Payment Options by Tax Type
Tax Type
|
Electronic Funds
Withdrawal Payment
Option
|
Credit Card Payment Option
|
|
Form 940 series balance due return, Employer’s Annual Federal Unemployment (FUTA) Tax Return
|
E-file Form 940/940-PR
and simultaneously e-pay
via tax preparation software or a tax professional. This payment option is available to users of the Employment Tax e-file System. |
E-pay balance due by phone or Internet through a service provider (Tax Year 1999 and after). |
| Form 941 series balance due return, Employer’s Quarterly Federal Tax Return |
E-file Form 941/941-PR/
941-SS and simultaneously e-pay via tax preparation software or a tax professional. This payment option is available to users
of the Employment Tax e-file System. |
E-pay balance due by phone or Internet through a service provider (Tax Year 1999 and after). |
| Form 943 balance due return, Employer's Annual Tax Return for Agricultural Employees |
Not applicable |
E-pay balance due by phone or Internet through a service provider (Tax Year 1999 and after). |
| Form 944 balance due return, Employer's Annual Federal Tax Return |
E-file Form 944 and simultaneously e-pay via tax preparation software or a tax professional. This payment option is available to users
of the Employment Tax e-file System. |
E-pay balance due by phone or Internet through a service provider
(Tax Year 2006 - 2008).
|
| Form 945 balance due return, Annual Return of Withheld Federal Income Tax |
Not applicable |
E-pay balance due by phone or Internet through a service provider (Tax Year 1999 and after). |
| Form 990-PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as A Private Foundation |
E-file Form 990-PF and simultaneously e-pay balance related to excise tax via tax preparation software or a tax professional. |
Not applicable |
| Form 1041, U. S. Income Tax Return for Estates and Trusts |
E-file Form 1041 and simultaneously e-pay via
tax preparation software
or tax professional. This payment option is available to users of 1041 e-file. |
Not applicable |
| Form 1065, U.S. Return of Partnership Income, and Form 1065-B, U.S. Return of Income for Electing Large Partnerships |
E-file and simultaneously e-pay penalties due on Form 1065 or the balance due on Form 1065-B via tax preparation software or a tax professional. |
Not applicable |
Form 1120, Form 1120S, and Form 1120POL, U.S. Corporation Income
Tax Return and
Schedule K-1 |
E-file Form 1120/1120S /
1120POL and simultaneously e-pay via tax preparation software or a tax professional.
|
Not applicable |
Form 7004,
Application for Automatic 6-Month Extension of Time to File Certain Business Income Tax, Information and Other Returns |
E-file Form 7004 and simultaneously e-pay balance related to business, information and other returns via tax preparation software or a tax professional. |
Not applicable |
| Form 8868, Application for Extension of Time to File an Exempt Organization Return |
E-file Form 8868 and simultaneously e-pay balance related to Form 990-PF, 990-T or 4720
via tax preparation software or a tax professional. |
Not applicable |
Form 720, Quarterly Federal Excise Tax Return
|
E-file Form 720 and simultaneously e-pay via tax preparation software or a tax professional. |
Not applicable |
Form 2290, Heavy Highway Vehicle Use Tax Return
|
E-file Form 2290 and simultaneously e-pay via tax preparation software or a tax professional. |
Not applicable |
- All electronic funds withdrawal and credit or debit card payments must be at
least $1.
- Employment tax form and excise tax form payments should be made in dollars and cents for card payments, as well as EFW payments.
- All other EFW payments should be made in whole dollars (round to the nearest whole dollar).
- Making an electronic payment eliminates the need to submit an associated payment voucher.
- Card payment service providers charge a fee for their service. This fee can be deducted as a business expense, when paid or incurred by the business.
- Federal tax deposits (FTD Coupons) cannot be made through these options. Amounts not properly deposited may be subject to a 10% penalty for failure to deposit through an authorized financial institution or EFTPS. It is the responsibility of the employer to ensure that all taxes are paid or deposited correctly and on time. Please refer to Publication 15 (Circular E), Employer's Tax Guide for additional information explaining the requirements for paying employment taxes.
When Can Electronic Funds Withdrawal and Credit or Debit Card Payments Be Made?
Form 940 series, Employer’s Annual Federal Unemployment Tax (FUTA) Return
Form 941 series, Employer’s Quarterly Federal Tax Return
-
For EFW, this option is only available at the time the electronic return is filed.
-
For card payments, this option is available year round.
Form 943 series, Employer’s Annual Tax Return for Agricultural Employees
Form 944 series, Employer's Annual Federal Tax Return
-
For EFW, this option is only available at the time the electronic return is filed. Payment can be scheduled up to the due date of the return.
-
For card payments, this option is available year round.
Form 945 series, Annual Return of Withheld Federal Income Tax
Form 990-PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation
Form 1041, U. S. Income Tax Return for Estates and Trusts
Form 1065, U.S. Return of Partnership Income and Form 1065-B, U.S. Return of Income for Electing Large Partnerships
Form 1120, Form 1120S and Form 1120POL, U.S. Corporation Income Tax Return and Schedule K-1
- Payment can be scheduled up to the due date of the return.
Form 7004, Application for Automatic 6-Month Extension of Time to File Certain Business Income Tax, Information, and Other Returns
Form 8868, Application for Extension of Time to File an Exempt Organization Return
Form 720, Quarterly Federal Excise Tax Return, and Form 2290, Heavy Highway Vehicle Use Tax Return
Additional information is available in the articles below:
Pay Taxes by Electronic Funds Withdrawal
Pay Taxes by Credit or Debit Card
Electronic Federal Tax Payment System (EFTPS)
e-file for Business and Self-Employed Taxpayers
Download IRS Forms and Instructions
Electronic Payment Options Home Page
|
