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New Member
posted Apr 17, 2023 6:26:29 AM

auto bank withdrawal

0 1 170
1 Best answer
Level 15
Apr 17, 2023 6:45:00 AM

What is your question?

 

Funds are usually withdrawn on the payment date you specify in TurboTax, assuming your e-filed return has already been accepted (received) by the IRS. If that date falls on a weekend or federal holiday, the funds are typically withdrawn the next business day.

 

If you file right before (or on) the busy April 18, 2023 deadline, the IRS may not be able to debit your payment until after the deadline due to high e-filing volume. Additionally, it can take your bank another few days to post the debit to your account.

 

Don't worry. As long as you file your return (or extension) on or before April 18, 2023, and you select April 18, 2023 (or earlier) as your payment date, you won't get penalized for late payment.

If you still don't see the debit in your bank account 7–10 days after your return has been accepted, call IRS e-file Payment Services at 1-888-353-4537 or contact your state tax agency.

1 Replies
Level 15
Apr 17, 2023 6:45:00 AM

What is your question?

 

Funds are usually withdrawn on the payment date you specify in TurboTax, assuming your e-filed return has already been accepted (received) by the IRS. If that date falls on a weekend or federal holiday, the funds are typically withdrawn the next business day.

 

If you file right before (or on) the busy April 18, 2023 deadline, the IRS may not be able to debit your payment until after the deadline due to high e-filing volume. Additionally, it can take your bank another few days to post the debit to your account.

 

Don't worry. As long as you file your return (or extension) on or before April 18, 2023, and you select April 18, 2023 (or earlier) as your payment date, you won't get penalized for late payment.

If you still don't see the debit in your bank account 7–10 days after your return has been accepted, call IRS e-file Payment Services at 1-888-353-4537 or contact your state tax agency.