A client elected automatic withdrawal from bank account of federal quarterly estimated tax payments. Now because of the Covid-19 problem that client's income will be considerably less. How do I void those estimated tax payments?
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"To cancel the payment, call the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. Cancellation of a required estimated tax payment could lead to penalties and interest charges."
You'll have to call the IRS to get those changed/cancelled.
"To cancel the payment, call the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. Cancellation of a required estimated tax payment could lead to penalties and interest charges."
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