Setting up a federal return to use Electronic Funds Withdrawal (EFW) in ProSeries

Before you start:

• Returns must have a balance due to use EFW.
• Returns must be filed electronically to use EFW.
• Once e-filed you can't make changes to EFW information through ProSeries. The taxpayer would need to call the IRS e-file Payment Services at 1-888-353-4537.
• You may be able to schedule the payment to be withdrawn on a future date. The IRS guidelines indicate:
  • All individual and most business payments can be scheduled for a future date, up to the return due date. Payments that qualify for scheduling can be scheduled up to 365 days from the date the electronic return is filed.
  • After the due date, the payment date must be the same as the date the return is transmitted, or be within the previous five days of that date.
• For other payment methods see Pay Online on IRS.gov

Individual (1040):

1. Open the Federal Information Worksheet.
2. In Part I - Personal Information make sure a Work Phone Number is entered.
3. Scroll down to Part VIII - Direct Deposit and Refund Disbursement Options.
4. Under Direct Deposit entering the account type, Routing number and Account number. If the numbers transferred from the prior year, review the data and check the box to confirm the banking information is correct.
5. Scroll down to Part IX — Electronic Funds Withdrawal Options.
6. Check Yes for Use electronic funds withdrawal for federal balance due (EF only).
7. Enter the Payment date for withdrawal.
8. Enter the Amount of withdrawal for tax payment.
9. Run Final Review and make sure there are no errors in the return.
10. E-file the return like normal.

According to the government instructions for Form 1040, bank account and routing numbers are displayed only for returns with refunds using direct deposit.

Estate or Trust (1041)

1. Open the Fiduciary Information Worksheet.
2. In Part I - Identifying Information make sure you have a Telephone Number entered.
3. Scroll down to Part VII - Electronic Funds Withdrawal Information.
4. Check Yes for Use electronic funds withdrawal for federal balance due (EF only).
5. Under Bank Information enter the account type, Routing number and Account number.
6. Enter the Payment date for withdrawal.
7. Enter the Amount of withdrawal for tax payment.
8. Run Final Review and make sure there are no errors in the return.
9. E-file the return like normal.

Corporate (1120)

1. Open the Corporation Information Worksheet.
2. In Part I - Identifying Information make sure you have a Telephone number entered.
3. Scroll down to Part VII - Direct Deposit or Electronic Funds Withdrawal Information.
4. Check Yes for Use electronic funds withdrawal for federal balance due (EF only).
5. Under Bank Information enter the account type, Routing number and Account number.
6. Enter the Payment date for withdrawal.
7. Enter the Amount of withdrawal for tax payment.
8. Run Final Review and make sure there are no errors in the return.
9. E-file the return like normal.

S-Corporate (1120S)

1. Open the S-Corporation Information Worksheet.
2. In Part I - Identifying Information make sure you have a Telephone Number entered.
3. Scroll down to Part VII - Direct Deposit or Electronic Funds Withdrawal Information.
4. Check Yes for Use electronic funds withdrawal for federal balance due (EF only).
5. Under Bank Information enter the account type, Routing number and Account number.
6. Enter the Payment date for withdrawal.
7. Enter the Amount of withdrawal for tax payment.
8. Run Final Review and make sure there are no errors in the return.
9. E-file the return like normal.

Exempt Organization (990-PF Only)

1. Open the Exempt Organization Information Worksheet.
2. In Part I - Identifying Information make sure you have a Telephone Number entered.
3. Scroll down to Part VIII - Electronic Funds Withdrawal Information
4. Check Yes for Use electronic funds withdrawal of Form 990-PF balance due (EF only).
5. Under Bank Information enter the account type, Routing number and Account number.
6. Enter the Payment date for withdrawal.
7. Enter the Amount of withdrawal for tax payment.
8. Run Final Review and make sure there are no errors in the return.
9. E-file the return like normal.

Partnership (1065)

When e-filing the federal 1065 return there is not a way to pay the federal taxes electronically through electronic funds withdrawal, however if there is a balance due with the extension Form 7004 payment with the extension may be setup for Electronic Funds Withdrawal.