Making a Tax payment

Once you’ve set up the federal tax forms you need, you can select them from the “Choose Tax Type” drop-down box on the “Tax Payments” summary page. Select the necessary tax form and click on the “New Payment” button, just above the “Choose Tax Type” drop-down box.

The different tax forms are very similar and share common fields except for the form name and titles of the “Amount” fields. All fields must be entered.

Offset Account – Business Checking.

Tax Routing # – The routing number for the bank where your tax payment will be deposited for the IRS. There are two tax routing numbers: one for northern states and one for southern states. You would use the tax routing number that corresponds with your business location. Refer to documentation you receive from EFTPS to verify which number to use.

Tax Account # – The IRS account number where your tax payment will be deposited. There are two tax account numbers: one for northern states and one for southern states. You would use the tax account number that corresponds with your business location. Refer to documentation you receive from EFTPS to verify which number to use.

Taxpayer ID # – TIN or EIN (the same number you used when applying to EFTPS)

Tax Period End Date – varies depending on the form

Tax account type – Should be set to Checking

Social Security Amount/Medicare Amount/Withheld Amount – Income tax withheld. Information requested varies depending on the tax form.

Effective Date – Pre-set to the next available business day a tax payment can be sent. You can change this to a later date, but not an earlier date.

Total Tax Amount – Calculated automatically by UltraBranch

Click “Send Tax Payment” once you’ve entered all necessary information. A confirmation page will display. Once you’ve reviewed the details of this payment, click “Send” to submit it. If you need to make changes, click “Revise.” Click the ‘Cancel” button to return to the previous page without taking action or saving data entered.

After scheduling the payment, you will be returned to the “Tax Payment” summary page. You should see new payments listed, either in the “Pending Tax Payment Summary” category or the “Summary of Tax Payments Waiting for Approval.”