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Missouri Individual EF Payments Slow

Latka_123
Level 2

Is anyone experiencing difficulties in clients not having their MO individual income tax payments withdrawn using the "electronic funds withdrawal" promptly?     

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3 Comments 3
IRonMaN
Level 15

I don't do MO returns, but what do you mean by "promptly"?  A lot of states and the IRS can take quite a bit of time before the payment clears the bank.


Slava Ukraini!
Latka_123
Level 2

Federal payments submitted electronically using ProSeries are usually completed the same day or one day later.   

Clients/taxpayers are getting NO action from the MDOR 7 days after electronic filing.    So something is slowing this process down.

Your reference to the post includes the comment "clears the bank" which indicates a paper filed/mailed check.  Mailed checks can take up to 2 to 3 weeks to get posted.  

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IRonMaN
Level 15

No, clears the bank means the date the bank processes the payment whether the payment is electronic or paper.  For the record, 7 days isn't a huge delay in processing.


Slava Ukraini!