What payment options are available to pay the IRS for 94x filing?

When you file a 94x form and owe a balance to the IRS, you have several ways to help you make your payment securely and on time.

  1. Electronic Funds Withdrawal (EFW) 

  • Electronic Funds Withdrawal (EFW) allows you to pay directly from your bank account during the e-filing process if your balance due is less than $2,500.

  • Provide your bank details and select a Payment Request Date, which is usually the same date your return is transmitted. The IRS will automatically debit the amount from the bank account provided on the Payment Request Date.

  • Note: You cannot use the EFW option for Form 940 if the balance due is more than $500.


     

  1. Electronic Federal Tax Payment System (EFTPS)
  • EFTPS is a free online service provided by the U.S. Department of the Treasury to pay federal taxes.

  • If you choose EFTPS, you are responsible for making the payment after transmitting your return. Payments must be scheduled by 8:00 PM EST the day before the tax deadline to be received on time by the IRS. 

TaxBandits offers an integrated EFTPS solution
With TaxBandits, you can schedule your EFTPS payments directly from your account—no need to switch between platforms. Learn more


 
 

  1. Credit/Debit Card Payments

Depending on your balance, you can pay by card in one of two ways:

  • Balance under $2,500:
    Pay directly in your TaxBandits account after IRS acceptance, via our secure partner ACI Payments, Inc.

  • Balance over $2,500:
    Pay on the IRS website at www.irs.gov/payments 

Note: A convenience fee may apply, as charged by the credit card processor.


 

  1. Check or Money Order

Mail your payment with a printed voucher.

  • Download the payment voucher and a copy of your filed form from the Distribution Center.

  • Make the check or money order payable to “United States Treasury.”

  • Do not staple or paperclip anything together

  • Mail to the correct IRS address listed on the form instructions

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