How to Make a Direct Deposit to the IRS
The Internal Revenue Service accepts payment for taxes in a number of ways. In addition to paying by check or money order, taxpayers can use a credit card to send their tax payments to the IRS. Another means of payment, though, is gaining popularity. An electronic funds transfer deposits money directly into the U.S. Department of the Treasury's account. The funds transfer moves money from an individual's checking or savings account. Making a direct deposit payment requires only a few basic steps.
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Instructions
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1
File your income tax return using tax preparation software or a tax professional. Most software programs allow you to make an electronic funds transfer to the IRS. Be sure that the program or tax professional you choose provides this option.
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Select the electronic funds withdrawal option during the tax filing process. The software will offer this option when it gathers information about how you wish to pay your tax. Alternately, a tax professional will ask you how you wish to pay the tax. If you select the option on the software, a payment record form will open. A tax professional will provide a paper version of the same form.
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Provide your bank's routing number and your account number on the appropriate line of the payment record that appears when you select the software's electronic funds withdrawal option.
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Identify whether the account is a checking or savings account by clicking or checking the appropriate box.
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Write the Social Security number for the first person listed on the return on the appropriate line of the EFT payment form.
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Enter the amount that should be withdrawn from your bank account.
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Fill in the tax type code. This tells the IRS which type of income tax filing you are submitting. Examples include a 1030 or 1040A.
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Enter the date on which you wish to have the payment deducted from your bank account.
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Enter your daytime telephone number.
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Tips & Warnings
The routing number for your bank account is the first number shown in the lower left-hand corner of your check.
"United States Treasury Tax Payment" will appear on your monthly statement after the payment is made. This serves as your proof of payment.
Scheduled EFT payments can be canceled by the taxpayer up to two business days before the scheduled payment.
You cannot use an electronic funds transfer if you have already filed your tax return.
