I am e-filing the returns for my minor children, for which they owe taxes. I plan to use the direct debit option to pay the amounts.
For this option, does the bank account used for the direct debit need to be in the name of the filer (i.e. my children's name)? I want to use my bank account, but I don't see anywhere in the interview process to specify my name on the bank account used for direct debit. If I use my bank account to direct debit on their returns, will there be any issue for the IRS to withdraw the owed tax amounts from it? If so, what would happen if they are unable to do the direct debit from the bank account? I already e-filed one child's return using my bank account for direct debit. Then, I thought of this possible issue right before I was going to e-file the other child's return.
Not sure if any of this matters, but my children and I do have the same last name. Also, I am using TurboTax Deluxe for Windows.
Thanks for any feedback on this.
