Direct Debit Federal Return 2023

[SeanBuffalo]

My client's direct debit payment did not occur on the date scheduled (yesterday) 4/15/2024. 

I checked my payment and it didn't come out either.  All the information appears correctly entered, and the "FinTransSummary" shows a direct debit with the date listed as 4/15/2024 to be debited.

Has anyone experienced this before? Will it be deducted in a few days, or is there a larger issue? Do I advise my clients with a balance due to pay directly?

[IRonMaN · Accepted solution]

It can take a few days to clear your bank account 

[SeanBuffalo]

Thank you!

[IRonMaN]

You betcha!

[abctax55]

D*mn.... my payments cleared today.  No 'float' for me ;-(

[BobKamman]

I'm getting at least a week's float by mailing my 4868 and check to a lockbox 1800 miles away.  

People were complaining about delayed direct debits this time last year, too.  Remember how Treasury couldn't send so many checks all at once, so some of the rebates were paid with debit cards?  The daily limits must work the other way, too.