What’s direct debit

Forum|Forum|6 years ago
February 3, 2020
1 reply
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TurboTax Free Edition Online

MichelleLO

Level 15

Direct debit is a way for you to pay your IRS taxes directly from your checking or savings account. For additional information on direct debit and how it works, please see the below TurboTax FAQ:

https://ttlc.intuit.com/community/tax-payments/help/what-is-direct-debit-and-how-does-it-work/00/25634

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diego13

Level 2

How long does it take for the payment to be processed and how can I monitor this in the mean time?

Anonymous

The processing time for your direct debit will depend on your financial institution. The payment for your taxes is collected at the time you e-file and processed by the financial institution you have chosen. You can reach out directly to them in regards to how long it will take to process the payment. Here is more information regarding direct debit.