When does the payment gets withdrawn from my bank account for the EFW payment option?
79 views | Last modified 10/30/2023 6:47:41 AM EST | Added by TaxBandits Team

When you choose to pay the tax balance using EFW, the Payment Request Date is the date when the actual debit will occur from your account. 

It's important to note that the Payment Request Date will default to the date of transmission of the return in TaxBandits. To avoid IRS penalties, ensure that you have sufficient funds in your account on that date. 

Further, if the requested payment date falls on a weekend or bank holiday, the payment will be withdrawn on the next business day. 

In case the payment withdrawal does not occur on the expected date after the  IRS accepts your return, we request you contact the IRS e-file Payment Service at 1-888-353-4537. However, it is recommended to wait for at least 10 days after the IRS has accepted your return before making the call.