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VSN7
Returning Member

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

I made a mistake of providing checking account#  instead of savings account# in the electronic payment steps. IRS and state try to withdraw and bank rejected it saying insufficient fund.  Now I made additional transfer to my checking account, is there a way to restart this withdrawal again?  Also will there be any penalty by IRS or State since the original payment not successful ? 

 

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8 Replies

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

Go to this IRS payment website and use Direct Pay for the federal taxes owed on the 2022 tax return - https://www.irs.gov/payments

 

There may be a small penalty from the IRS and if there is they will send you a bill in the mail after the taxes are paid.

VSN7
Returning Member

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

Thanks. What about state? 

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?


@VSN7 wrote:

Thanks. What about state? 


Which state?

VSN7
Returning Member

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

California. 

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

If you live in one of the counties in California affected by the winter storms then your CA taxes owed can be paid at any time on or before October 16, 2023 without penalty.

 

IRS website for information - https://www.irs.gov/newsroom/irs-provides-tax-relief-for-victims-of-severe-winter-storms-flooding-la...

 

To pay CA taxes owed online - https://www.ftb.ca.gov/pay/payment-options.html

VSN7
Returning Member

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

Thanks. It turns out that fed and state retried for payment and it went thru this time. 

mary0807
New Member

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?

Hi,

May I know how you fix this problem?

Electronic tax withdrawal rejected by my bank due to insufficient balance. How to restart the payment process with IRS now?


@mary0807 wrote:

Hi,

May I know how you fix this problem?


The answers are all in the thread above.  

 

If your tax payment failed, the IRS will send a bill that will include interest and maybe a penalty.  You can also pay your tax bill any time you choose at www.irs.gov/payments.  Paying sooner will reduce the penalties and interest, but you may still get a bill for penalties and interest. 

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