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is there a limit for electronis funds withdrawal

grady1
Level 1

can tax balance in excess of 1 million be electronically withdrawn

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4 Comments 4
dkh
Level 15

For that large of an amount, I would encourage your client to use IRS Direct Pay.  The payment can be scheduled for the date they want and they have a receipt for proof it was paid timely.    

sjrcpa
Level 15

I think there's a limit for Direct Pay, too.

The more I know, the more I don't know.
dkh
Level 15

$10million limit on IRS Direct Pay

sjrcpa
Level 15

Never had it come up before.

The more I know, the more I don't know.
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