Electronic Fund Withdrawal (EFW)/Direct Debit

Features and benefits of electronic fund withdrawal for IRS form 2290:

  • When you e-file your form 2290, the money is usually deducted from the account within 24-48 hours. But if the payments are done on the weekend or on federal holidays, there may be a slight delay in the deduction of the money.
  • The service is free (But please confirm with your financial institution about any fees that may be charged for filling IRS form 2290).
  • The payment information is absolutely safe and secure in eform2290. It will be used only for the tax payment(s) authorized by you.
  • All the bank information in eform2290 is protected.
  • The payment information in eform2290 will not be disclosed for any reason except for processing authorized payment transactions.
  • For form 2290, the electronic payment will be effective (settled) on the date of the return or the day the form is filed. After the due date, the effective date for EFW payments would be the date the return or form is successfully transmitted
  • To pay the IRS HVUT using EFW method, you will have to provide the financial institution’s routing transit number and the account number. Reverify with your financial institution about these numbers. Select the type of account (savings or current) and the amount that has to be paid
  • EFW payments cannot be initiated after the returns or IRS form 2290 is filed.

EFW bank transactions for IRS form 2290:

  • EFW authorizes the U.S. Department of the Treasury (through a Treasury Financial Agent) to transfer the amount specified from your bank to the Treasury’s account.
  • 'IRS USA Tax Payment', 'IRS USA Tax Pymt' or something similar will be shown on your bank statement. This will act as proof of payment to the IRS.
  • If the IRS HVUT payment is done on a weekend or on a federal holiday, the deduction of the payment will occur on the next business day. In such situations, your bank may put a hold on these funds and treat it as Pending Transaction.
  • The payment will be done in a single transaction. There is no option for recurring or partial payments for paying IRS HVUT.

Cancellations, Errors and Questions:

  • Once your return is accepted, you cannot make any changes to information pertaining to your payment, like account information, payment amount or date. If changes are required, the only option is to cancel the payment and choose another payment method.
  • Call the IRS e-file Payment Services at 1-888-353-4537 to inquire or cancel any payment or to report problems such as bank closures, lost or stolen bank account numbers, closed bank accounts or unauthorized transactions. If you’re calling to inquire about your payment, you need to wait for 7 to 10 days after the return was accepted before contacting the IRS. Customer service is available 24/7
  • 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., closed account, due to insufficient funds, incorrect account information, etc.) the IRS will mail a notification letter to the address you’ve provided on file, explaining why the payment could not be processed and providing alternate payment options. For any queries, please call 1-888-353-4537
  • In the event your financial institution is unable to process your payment request, you are responsible for making other payment arrangements, and for any penalties and interest incurred
  • Contact the IRS immediately at1-800-829-1040 if there is an error in the amount withdrawn
  • In the event Treasury withdraws an incorrect amount of funds from your bank account, Treasury will return the improperly deducted amount