@blaing wrote:
Situation: I filed my 2020 taxes before the American Tax Act. I owed taxes and set up to pay the taxes on April 15th via the TurboTax download version. I included over $10,200 in unemployment income.
Based on what I read, the IRS will recalculate my 2020 Taxes and issue a refund sometime in May.
My questions: Will my April 15th payment set up in TurboTax still be made? Can I access somewhere to change the date?
Thank you for any help,
Bill
If you choose to cancel your payment for the federal taxes owed and then make other arrangements to pay any taxes owed at a later date you can do so. However, the due date for any federal taxes owed is May 17, 2021.
Go to this IRS website for how to cancel a federal tax payment - https://www.irs.gov/payments/pay-taxes-by-electronic-funds-withdrawal
- Once your return is accepted, information pertaining to your payment, such as account information, payment date, or amount, cannot be changed. If changes are needed, the only option is to cancel the payment and choose another payment method.
- Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling.
- Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date.
To pay any federal taxes owed on or before May 17, 2021 go to this IRS payment website and use Direct Pay -
https://www.irs.gov/payments
