Pay estimated tax payment for Form 1041-ES via EFW (1041)
To designate estimated tax payments from Form 1041-ES to be paid via electronic funds withdrawal (EFW), follow these steps:
- Open theEstscreen, in thePaymentsfolder, and select an option in theNext year declarationfield to calculate estimated tax payments.
- Open theELFscreen, in theElectronic Filingfolder, and select the quarters you want to pay the estimated tax payments via EFW in theElectronic funds withdrawal for estimated tax:fields.
- Open theBankscreen, in theGeneralfolder, and enter the bank account information.
- On the1041screen, enter theTelephone number.
- Review and correct all Critical and ELF Critical diagnostic messages. To do so, pressCtrl + D.note
- The IRS will withdraw the funds on the designated due dates for the estimated tax payments selected.
- Estimated tax payments for trusts can't be paid via EFW when transmitting an extension.
