Electronic funds withdrawal (EFW) data entry for a balance due return
Enter the following information for an electronic funds withdrawal (EFW) with a balance due return.
Client phone number
: Go to the 1120 screen in the General folder and enter the Client phone number
in the 1120 and 1120S Information section.Bank information
: Go to the Bank screen in the General folder and enter the bank information.Requested payment date
: You need to specify a date to withdraw the payment. While the IRS won't withdraw the payment before the requested date, they may withdraw it after.
- Go to the ELF screen in the Electronic Filing folder.
- Enter the date you want the payment withdrawn in theRequested payment datefield. If you file after the original deadline, you can't enter a date that falls after the date you transmit the return to the IRS.
- To make a partial payment, enter the amount to withdraw in theAmount of tax paymentfield. You can't enter an amount greater than 200% of the amount of tax due.
E-filing information
: EFW is only available for returns filed electronically.
- Go to the ELF screen in the Electronic Filing folder and markFile this return electronically.
- Before transmitting the return to the IRS, selectView,Diagnostics, then theELF Criticaltab and clear all ELF Critical diagnostics.
