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jswk
New Member

tax payment has not been taken out of account how do I find ouy whats up>

 
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bluedeb
Level 15

tax payment has not been taken out of account how do I find ouy whats up>

Was your return was accepted? If your return was accepted only the IRS and/or State would know when they will deduct your taxes owed from your account.  As long as you filed on time, you are considered as paying on time even though the IRS has not deducted the amount yet.

 

When will my tax payment go through?

The federal tax file deadline for tax year 2019 has been extended to July 15, 2020, due to Coronavirus (COVID-19). Go here for more information about how taxes have been affected.

 

During non-peak times, funds are usually withdrawn on the payment date you specify, assuming your e-filed return has already been accepted (received) by the IRS.

 

If that date happens to fall on a weekend or federal holiday, the funds are typically withdrawn the next business day.

 

Now, if you filed right before (or on) the busy July 15, 2020 deadline, the IRS may not be able to debit your payment until after the deadline, due to high e-filing volume. In addition, it can take your bank another few days to post the debit to your account.

 

No worries; as long as you filed your return or extension on or before July 15, 2020 and you selected July 15, 2020 (or earlier) as your payment date, you won't get penalized for late payment.

 

In the meantime, keep an eye on your bank account — if you still don't see the debit 7–10 days after your return has been accepted, call IRS e-file Payment Services at 1-888-353-4537 or for State contact your state tax agency, as appropriate.

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1 Reply
bluedeb
Level 15

tax payment has not been taken out of account how do I find ouy whats up>

Was your return was accepted? If your return was accepted only the IRS and/or State would know when they will deduct your taxes owed from your account.  As long as you filed on time, you are considered as paying on time even though the IRS has not deducted the amount yet.

 

When will my tax payment go through?

The federal tax file deadline for tax year 2019 has been extended to July 15, 2020, due to Coronavirus (COVID-19). Go here for more information about how taxes have been affected.

 

During non-peak times, funds are usually withdrawn on the payment date you specify, assuming your e-filed return has already been accepted (received) by the IRS.

 

If that date happens to fall on a weekend or federal holiday, the funds are typically withdrawn the next business day.

 

Now, if you filed right before (or on) the busy July 15, 2020 deadline, the IRS may not be able to debit your payment until after the deadline, due to high e-filing volume. In addition, it can take your bank another few days to post the debit to your account.

 

No worries; as long as you filed your return or extension on or before July 15, 2020 and you selected July 15, 2020 (or earlier) as your payment date, you won't get penalized for late payment.

 

In the meantime, keep an eye on your bank account — if you still don't see the debit 7–10 days after your return has been accepted, call IRS e-file Payment Services at 1-888-353-4537 or for State contact your state tax agency, as appropriate.

View solution in original post

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