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Level 5
March 12, 2020
Solved

Postpone direct debits already e-filed

  • March 12, 2020
  • 15 replies
  • 36 views

With the change in this year's tax deadline, is it possible to re-schedule direct debit payments for returns that were already e-filed?

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

You can cancel payments here, but I wouldnt go doing it before anything official is announced, just because the POTUS spouts off about it, doesnt make it real.

Cancellations, Errors and Questions:

  • In the event Treasury causes an incorrect amount of funds to be withdrawn from a bank account, Treasury will return any improperly transferred funds.
  • Once your return is accepted, information pertaining to your payment, such as account information, payment date, or amount, cannot be changed. If changes are needed, the only option is to cancel the payment and choose another payment method.
  • Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling.
  • Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date.
  • If a payment is returned by your financial institution (e.g., due to insufficient funds, incorrect account information, closed account, etc.) the IRS will mail a Letter 4870 to the address we have on file for you, explaining why the payment could not be processed, and providing alternate payment options.
  • In the event your financial institution is unable to process your payment request, you will be responsible for making other payment arrangements, and for any penalties and interest incurred.
  • Contact your financial institution immediately if there is an error in the amount withdrawn.

15 replies

IRonMaN
Level 15
March 12, 2020

Not through the software.

Slava Ukraini!
curt1Author
Level 5
March 12, 2020

How is it done outside the software?

 

IRonMaN
Level 15
March 12, 2020

You can try calling the IRS, but I'm not sure how much luck you will have.

Slava Ukraini!
Just-Lisa-Now-
Intuit Community Champion
March 12, 2020

Did something official get announced about who or what qualifies someone for delaying payment without penalty?  I havent seen anything official.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Just-Lisa-Now-
Intuit Community Champion
March 12, 2020

You can cancel payments here, but I wouldnt go doing it before anything official is announced, just because the POTUS spouts off about it, doesnt make it real.

Cancellations, Errors and Questions:

  • In the event Treasury causes an incorrect amount of funds to be withdrawn from a bank account, Treasury will return any improperly transferred funds.
  • Once your return is accepted, information pertaining to your payment, such as account information, payment date, or amount, cannot be changed. If changes are needed, the only option is to cancel the payment and choose another payment method.
  • Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling.
  • Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date.
  • If a payment is returned by your financial institution (e.g., due to insufficient funds, incorrect account information, closed account, etc.) the IRS will mail a Letter 4870 to the address we have on file for you, explaining why the payment could not be processed, and providing alternate payment options.
  • In the event your financial institution is unable to process your payment request, you will be responsible for making other payment arrangements, and for any penalties and interest incurred.
  • Contact your financial institution immediately if there is an error in the amount withdrawn.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
curt1Author
Level 5
March 16, 2020

Just-Lisa-Now:  Here's an update on the advice you provided--The client I was concerned about called the IRS number you provided and got through to a human with no wait.  The IRS immediately canceled the scheduled payment.  Thank you for your help!