Electronic funds withdrawal (EFW) for balance due amended return
The following information is required for an electronic funds withdrawal (EFW) with a balance due amended return.
Daytime telephone number
Go to the
Gen
screen in the General
folder and complete the Daytime telephone/ext number
in the Taxpayer information
section.Complete bank information
- Go to theBankscreen in theGeneralfolder and enter the bank information. If the fields aren't available, delete the code in theTaxpayer verified all bank info byfield.
- Have the taxpayer verify their bank information and enter the code for the verification method. The IRS Security Summit requires the taxpayer to confirm the bank information every year in writing and that you retain the confirmation for your records. You can use theBank Account Verificationworksheet in UltraTax CS to do this. First verify that the worksheet is set to print. You can send this to your client using the organizer, eSignature, by email, or on paper.
note
You can't use multiple bank accounts for EFW.
Request a payment date
Enter a date for the payment to be withdrawn. The IRS won’t withdraw the payment before the requested date, they may withdraw it after.
- Go to theELFscreen in theElectronic Filingfolder.
- Enter a date in theRequested payment datefield. If you're amending the return after the original deadline, the date you enter can't be after the date you transmit the return to the IRS.
Electronic funds withdrawal for Amended Return Form 1040-X
- Go to theELFscreen in theElectronic Filingfolder.
- Select theElectronic funds withdrawal is for Amended Return (Form 1040-X)field.
- If you need to force the payment amount, use theAmount of tax payment (Force)field.
E-filing information
Electronic funds withdrawal is only available for electronically filed amended returns. Before you transmit the return to the IRS, you need to go to
View
, Diagnostics
, then the ELF Critical
tab and clear all ELF Critical
diagnostics. If you want to verify that your EFW request is correct before you transmit the return, you need to either clear all ELF Critical
diagnostics or go to Setup
, 1040 Individual
, Federal
tab, Other Return Options
button, then the Client Documents
tab and select Print e-file filing instructions even when e-file critical diagnostics exist
.
