www.eftps.com www.EFTPS.gov Electronic Federal Tax Payment
63www.eftps.com www.EFTPS.gov Electronic Federal Tax Payment
www.eftps.com Internet not only connects people together, but also makes our life
more convenient. Believe or not, you have saved a lot of time and money
due to the invention of internet. A lot of things that you used to have
to travel a long distance, stand in a queue for a long time, can now be
dealt with online. Say, your payment of tax.
The EFTPS (Electronic Federal Tax Payment System) is one of the most
successful Federal government programs. With the help of it, you will
be able to pay your tax, file a return and handle a lot of tax-related
issues.
Enrollment
BTo enjoy the convenience provided by system, you will have to fill in
the New Taxpayer Enrolment Form and enrol as a new tax payer. Your
Taxpayer Identification is your SSN if you are an individual taxpayer,
and your Employer Identification Number if you are a business. After
submitting the form online, you can expect your PIN in your IRS address
within 15 calendar days. Confirmation materials including instructions
on how to obtain your Internet Password for secure use of EFTPS online
will also be received. If you pay Federal taxes from different bank
accounts, you will need to complete separate enrollments for each
account.
How it works?
Three simple steps are involved in your online payment of tax with
EFTPS. Log in your account and enter your tax payment information at
least by 8:00 East Time one calendar day before your tax due date. Then
initiate the payment by clicking on ‘make a payment’. You can print out
the immediate confirmation in the system as a receipt of your payment
instructions, and EFTPS will automatically debit your indicated bank or
credit union account and transfer the funds to the U.S. Treasury on the
date you indicated. You can check the update of your tax payment at the
IRS.
Help and information
If you have any problem while using EFTPS, or if you would like to
download EFTPS documents, or if you would like to find more links to
tax-related websites, or if you would like to review the step-by-step
instructions on how to proceed in the system, you can visit this
section of the website and learn more.
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