When will my Tax Payment go through?

[pman5000]

I submitted my Federal Tax Refund at the end on January 29 and owed Federal and State taxes. I submitted my bank account information through Turbot Tax to make the payment but the payment has yet to go through? Is there a way to check if the payment is being processed or not? Should I continue to wait for the payment to process?

[DonaldM · Accepted solution]

During non-peak times, funds are usually withdrawn on the payment date you specify, assuming your e-filed return has already been accepted (received) by the IRS.

If that date happens to fall on a weekend or federal holiday, the funds are typically withdrawn the next business day.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 April 18, 2017 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 April 18, 2017 and you selected April 18, 2017 (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 contact your state tax agency, as appropriate.