Payment options for e-filed 2290 returns with a balance due
If you are electronically filing a 2290 return with a balance due, the following payment options are available.
- Electronic funds withdrawal (EFW)- EnterXin theElectronic funds withdrawal for balance due returnsfield on theELFscreen in theReturnfolder. The payment must be made with the filing of Form 2290 and will be withdrawn on the day the IRS receives the file.noteTheElectronic funds withdrawal for balance due returnsfield is a required entry if you want the IRS to withdraw funds. You also need to complete the bank information in theBankscreen.
- Electronic funds transfer (EFT)- EnterXin thePrint filing instruction with EFTPS methodfield on theLetterscreen in theGeneralfolder. If using the ACH debit remittance method, the client should contact an EFTPS Financial Agent of the US Treasury and direct the agent to initiate a withdrawal from the client’s account. If using the ACH credit remittance method, the client should contact a financial institution that can initiate the tax payment.
- Credit or Debit card- EnterXin thePrint filing instructions with Credit or Debit card methodfield on theLetterscreen in theGeneralfolder. If your client is using this method of payment, they should find a payment processor at IRS.gov/PaybyCard. The service provider charges a convenience fee for this method.