Can I Cancel My IRS Electronic Funds Transfer?
If you’ve e-filed your extension and set up an IRS electronic funds transfer to pay your taxes, you won’t be able to make any changes to your withdrawal details. For example, you are not able to change the date, account number, or amount after it has been set.
Your only option is to cancel the payment and choose a different payment method. The IRS requests that you call their e-file payment services at 888-353-4537. Additionally, cancellation requests cannot be received later than 11:59 p.m. Eastern Time two business days prior to your scheduled payment date.
What Is Electronic Fund Withdrawal?
Electronic Funds Transfer (a.k.a. Electronic Fund Withdrawal) is an e-pay option offered when filing your federal taxes using tax preparation software or through a tax professional. This option allows you to submit payment via direct debit from your bank account.
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