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How long does it take for money to be withdrawn from my account to pay taxes? It’s been over a week and they haven’t yet. Is it an issue on my end?

 
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3 Replies
JulieS
Expert Alumni

How long does it take for money to be withdrawn from my account to pay taxes? It’s been over a week and they haven’t yet. Is it an issue on my end?

No, the default date for taxes to be withdrawn from your account is April 15. If you didn't select an earlier date, your debit will be made on that date. 

 

In general, you can select a date as soon as the next business day. 

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How long does it take for money to be withdrawn from my account to pay taxes? It’s been over a week and they haven’t yet. Is it an issue on my end?

I did set it for an earlier date though. It’s been over a week since the date I set to withdraw and it still hasn’t taken the money out of my account.

Cynthiad66
Expert Alumni

How long does it take for money to be withdrawn from my account to pay taxes? It’s been over a week and they haven’t yet. Is it an issue on my end?

 

Your return has to be processed before the payments will start.  Perhaps your dates for payment were to close to the filing date.  In any event, interest does not start until after April 15, 2024

 

 

 

 

 

 

 

@tutkobella 

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