answersLogoWhite

0

EFTPS is a web site and a phone service that lets businesses and individuals pay their federal taxes by making an electronic transfer from their United States bank accounts instead of by mailing a check. You must register with EFTPS before using it. Registration can take a couple of weeks.

The following web page answers questions about what kind of taxes can be paid and how EFTPS works:

https://www.eftps.gov/eftps/helpinfo/helpFAQGeneral.do

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Accounting

What does EFTPS stand for in payroll?

The Electronic Federal Tax Payment System® tax payment service is provided free by the U.S. Department of the Treasury.


Can you prepay federal income taxes?

Yes, you can prepay federal income taxes through estimated tax payments. Generally, you're required to make estimated tax payments if you expect to owe at least $1,000 in tax for 2009 (after subtracting credits and withholding) and if your withholdings and credits are expected to be less than the smaller of 90 percent of the tax on your 2009 return or 100 percent of the tax on your 2008 tax return.Estimated tax payments are paid quarterly (every three months). You can make estimated tax payments by check or money order attached to Form 1040-ES (Estimated Tax Payment Voucher). Or you make an electronic payment by enrolling in the Electronic Federal Tax Payment System (EFTPS) at www.eftps.gov or calling 1-800-316-6541 (for individuals) or 1-800-555-4477 (for businesses). Or you can make electronic payment by Electronic Funds Withdrawal (EFW). Or you can make electronic payment by credit card. But a convenience fee is charged for this option.If you receive salaries and wages, you ask your employer to withhold more tax from your earnings by fiiling a new Form W-4 with your employer and entering the additional amount to be withheld on Line 6 of that form.


i have 1099 income $24000. i'm single and no deduction, what's my federal tax payment for 2010 ?

“i have 1099 income $24000. i'm single and no deduction, what's my federal tax payment for 2010 ”


When your first tax payment was not timely deposited you made a second payment As they were both deposited this past week how do you go about getting a refund?

If this is a federal income tax payment, call 1-800-829-1040. If it is some other kind of tax payment, call the agency that administers the tax.


If federal tax refund is subject to garnishment what about this tax rebate?

I remember in 2001 when they last did this type of rebate check, that part of our check was kept as garnishment for student loan payment. So more then likely they can and will keep this rebate check to offset any federal payment that is due. ------------- For offset purposes, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support.

Related Questions

Is EFTPS a legitimate platform for making electronic federal tax payments?

Yes, EFTPS (Electronic Federal Tax Payment System) is a legitimate platform approved by the U.S. Department of the Treasury for making electronic federal tax payments.


What does EFTPS stand for in payroll?

The Electronic Federal Tax Payment System® tax payment service is provided free by the U.S. Department of the Treasury.


How can I make a quarterly tax payment to the IRS?

To make a quarterly tax payment to the IRS, you can use the Electronic Federal Tax Payment System (EFTPS), make a payment online through the IRS website, or mail a check with a payment voucher to the IRS.


How can I pay my 1040ES online?

You can pay your 1040ES online by using the Electronic Federal Tax Payment System (EFTPS) or by making a direct payment on the IRS website.


Can I pay my federal estimated taxes online?

Yes, you can pay your federal estimated taxes online through the Electronic Federal Tax Payment System (EFTPS) or the IRS Direct Pay website.


Can i make a tax payment from the convenience of my home?

Yes, you can make a tax payment online or over the phone using the Electronic Federal Tax Payment System. You can pay with a credit card or checking account. Go to https://www.eftps.gov or call 1-800-316-6541.


How can I pay a CP14 notice online?

You can pay a CP14 notice online by visiting the IRS website and using their online payment options, such as Direct Pay or Electronic Federal Tax Payment System (EFTPS).


How can I pay my IRS CP14 notice online?

You can pay your IRS CP14 notice online by visiting the IRS website and using their online payment options, such as Direct Pay or Electronic Federal Tax Payment System (EFTPS).


How can I pay my CP14 online?

To pay your CP14 online, you can visit the IRS website and use their online payment options, such as Direct Pay or Electronic Federal Tax Payment System (EFTPS). You will need to have your CP14 notice and payment information ready to complete the transaction.


How can I pay estimated tax?

You can pay estimated tax by using the IRS Direct Pay system, mailing a check or money order, or paying online through the Electronic Federal Tax Payment System (EFTPS). It's important to estimate your tax liability accurately and make timely payments to avoid penalties.


Can you prepay federal income taxes?

Yes, you can prepay federal income taxes through estimated tax payments. Generally, you're required to make estimated tax payments if you expect to owe at least $1,000 in tax for 2009 (after subtracting credits and withholding) and if your withholdings and credits are expected to be less than the smaller of 90 percent of the tax on your 2009 return or 100 percent of the tax on your 2008 tax return.Estimated tax payments are paid quarterly (every three months). You can make estimated tax payments by check or money order attached to Form 1040-ES (Estimated Tax Payment Voucher). Or you make an electronic payment by enrolling in the Electronic Federal Tax Payment System (EFTPS) at www.eftps.gov or calling 1-800-316-6541 (for individuals) or 1-800-555-4477 (for businesses). Or you can make electronic payment by Electronic Funds Withdrawal (EFW). Or you can make electronic payment by credit card. But a convenience fee is charged for this option.If you receive salaries and wages, you ask your employer to withhold more tax from your earnings by fiiling a new Form W-4 with your employer and entering the additional amount to be withheld on Line 6 of that form.


How can I pay my estimated taxes online for the year 2022?

You can pay your estimated taxes for 2022 online by visiting the IRS website and using their Electronic Federal Tax Payment System (EFTPS). You will need to create an account and follow the instructions to make your payment securely.