Federal tax owed

[Anonymous]

I owed money for my federal taxes. On TurboTax I selected when I wanted them to take the money out to pay for that. It still has not been taken out of my account. When will this happen?

[bluedeb · Accepted solution]

No worries; as long as you filed your return or extension on or before July 15, 2020 and you selected July 15, 2020 (or earlier) as your payment date, you won't get penalized for late payment.

In the meantime, keep an eye on your bank account — if you still don't see the debit 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, as appropriate.

[edited 3/25/20]

https://blog.turbotax.intuit.com/tax-news/is-the-tax-deadline-delayed-what-to-know-about-coronavirus...

[heyteam1951]

I want to pay federal tax owed now, rather than having IRS deduct it from my checking account at a future date( June 23) . Advise if i can  do this or change this. thank you.

[email address removed]

[bluedeb · Accepted solution]

@heyteam1951  Federal tax direct debit payments can be canceled up to 2 business days prior to the debit date. To cancel, call the U.S. Treasury Financial Agent at 888-353-4537

Then you can go to the IRS website & pay by direct debit.

https://www.irs.gov/payments

[bluedeb]

added information to above post.