For the debit date, TT does not allow 7/15/2020, only 4/15/2020. When will this be updated?
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We do not know the date yet. It should be within a week or two.
Do we know of a work-around? Is there a way to alter the date funds are withdrawn after taxes are filed?
@helicon wrote:
Do we know of a work-around? Is there a way to alter the date funds are withdrawn after taxes are filed?
Once the tax return has been e-filed and accepted by the IRS, the payment date cannot be changed.
You will have to cancel the payment and then pay the federal taxes owed on the IRS payment website on or before July 15, 2020.
IRS website for information on canceling a direct debit payment -https://www.irs.gov/payments/pay-taxes-by-electronic-funds-withdrawal
Go to this IRS payment website and choose Direct Pay - https://www.irs.gov/payments
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