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Level 3

Confusion on whether I need to send a check with an e-file

I e-filed.  I chose the installment plan for the amount owed, indicated to take a portion (50%) of amount owned from my checking account, and the rest on installment.  TurboTax asked me for all the info, including bank account info but it still printed a voucher to send in payment by check?  I thought it gets automatically debited from your back account, why do I need to send a check?

9 Replies
Level 16

Confusion on whether I need to send a check with an e-file

It will get debited from your account since that is what you choose.  When you choose to set up a payment plan the program automatically prints a payment voucher in case you decided you want to send in money to reduce your taxes owed.  A penalty & interest incur until the full taxes owed is paid in full so the more you can pay upfront, the less penalty & interest you will incur.  You do not have to send in a payment. 

Level 6

Confusion on whether I need to send a check with an e-file

"indicated to take a portion (50%) of amount owned from my checking account, and the rest on installment." 

 

Just to clarify, they will debit your bank account for the initial amount that you are "paying down" on your taxes owed when you file (Line 8 of form 9465)?  

 

I'm seeing different answers to that question on the site. Some are saying you need to mail the amount you indicated the IRS to debit from your account right away - when you efile your taxes (Line 8 of form 9465), they will then debit the installment payments starting in approximately one month.

Level 16

Confusion on whether I need to send a check with an e-file

The part about the check is if you want to send in a payment to lower your taxes due.  You set up to have direct debit, if you send in the same payment by check you will have made a double payment.  See the instructions for the payment agreement under How the Installment Agreement Works.

https://www.irs.gov/pub/irs-pdf/i9465.pdf

 

If you want you can call the IRS to double check on what you should do.

 

the following will help you get to a real person with the IRS:

The IRS telephone number is 1-800-829-1040, and they are available from 7 a.m. – 7 p.m. Monday thru Friday. The best time to call is early in the morning.

- The first question the automated system will ask you is to choose your language.

- Once you’ve set your language, do NOT choose Option 1 (regarding refund info). Choose option 2 for “Personal Income Tax” instead.
- Next, press 1 for “form, tax history, or payment”.
- Next, press 3 “for all other questions.”
-Next, press 2 “for all other questions.”
- When the system asks you to enter your SSN or EIN to access your account information, do NOT enter anything.
-After it asks twice, you will be prompted with another menu.
-Finally, press 2 for personal or individual tax questions. The system should then transfer you to an agent.

Level 6

Confusion on whether I need to send a check with an e-file

Thank you, I will sit back and see what happens!

Level 6

Confusion on whether I need to send a check with an e-file

I submitted, and my taxes were accepted on April 15th, 2019. As of today, 4/29/19, they still have not taken out the amount I wanted them to take out of my checking account immediately - prior to starting the payment plan.

 

EDIT: Just reviewed the IRS instructions...it says it may take 30 days. 

Level 6

Confusion on whether I need to send a check with an e-file

Update: It is now 5 plus weeks and the first auto debit that I wanted taken out automatically when my taxes were filed has still not been removed from my account.

 

 

Level 6

Confusion on whether I need to send a check with an e-file

My installment agreement payment was taken out as agreed BUT the IRS never took my initial payment that was printed on the payment slips when I printed out my tax return.  Looks like you need to send in that initial payment even if you have completed your bank information on your tax return - they do not take the initial payment out of your bank account, they only take the scheduled monthly payment.

Level 7

Confusion on whether I need to send a check with an e-file

Hello my name is latesha blue I need a new card
Level 11

Confusion on whether I need to send a check with an e-file

@Lateshabluu1 You posted your question in a thread not related to your question at all, but here is what you need to know.

 

For help with your pre-paid Visa card:

Call  (888) 285-4169

 

There is a “Help” link in the top corner of the web site for the card:

 

https://www.turboprepaidcard.intuit.com/