dev145
Employee Tax Expert

[Event] Ask the Experts: Extension Filers

Did you check your bank account? If no payment went to IRS on 6/15, IRS will not retry to withdraw the amount if first attempt failed for whatever reason. You will have to make another payment. 

"If a payment is returned by your financial institution (e.g., due to insufficient funds, incorrect account information, closed account, etc.) the IRS will mail a Letter 4870 to the address we have on file for you, explaining why the payment could not be processed, and providing alternate payment options."

 

https://www.irs.gov/payments/pay-taxes-by-electronic-funds-withdrawal#:~:text=If%20a%20payment%20is,....

 

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