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Will IRS retry an EFT if the first attempt failed? I need IRS to request my tax payment. The first time I had the money in the wrong account. What will IRS do?

 
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Rachel_W
Expert Alumni

Will IRS retry an EFT if the first attempt failed? I need IRS to request my tax payment. The first time I had the money in the wrong account. What will IRS do?

No, the IRS will not retry an EFT if the first attempt failed.

Per the IRS: "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."

For more information, click this IRS link:  https://www.irs.gov/payments/pay-taxes-by-electronic-funds-withdrawal.

You will need to pay your balance due to the IRS with a check or money order or you can pay directly through the IRS Website here: https://www.irs.gov/payments.

If you also owe State Taxes, please click here and choose your particular State: State Tax Department Contact Info.

Please comment below if you have additional questions regarding this issue so that I can assist you further.

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