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pfrisc01
New Member

The withdrawal for my federal tax payment from my bank account failed. Will the IRS automatically retry the withdrawal?

 
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WillK
Intuit Alumni

The withdrawal for my federal tax payment from my bank account failed. Will the IRS automatically retry the withdrawal?

No, the IRS will not attempt to pull the funds from your account again. They will send you a letter explaining that they could not pull the funds from your account, and will provide you different options to pay the balance due. As long as you pay the balance due on or before 4/15 you will not be charged penalty or interest for late payment. 

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1 Reply
WillK
Intuit Alumni

The withdrawal for my federal tax payment from my bank account failed. Will the IRS automatically retry the withdrawal?

No, the IRS will not attempt to pull the funds from your account again. They will send you a letter explaining that they could not pull the funds from your account, and will provide you different options to pay the balance due. As long as you pay the balance due on or before 4/15 you will not be charged penalty or interest for late payment. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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