|
#10
| |||
| |||
| "Mike Wellman" <irsfixer[at]aol.com> wrote: - quote - > mark212 wrote:
I would not advise this. In the past, the number of people> Unless you put your SSN AND "1040 - 2006" on the check, > there will be a problem. who could look at the physical check, or the microfilm copy of it, was pretty circumscribed to bank employees. While fraud was not unheard of, it was reasonably limited. With Check 21, the image of the check may be sent to an offshore facility for key entry of the amount. So let's see, I'm giving my bank account number and Social Security number to...who knows? It's much safer in my opinion to send the check with no identifying information, along with the appropriate form, certified mail. The paper trail, combined with the returned check or copy thereof, provides some defense at an audit as well. I believe that the IRS is still returning checks at this point. YMMV. Hank Murphy speaking only for myself << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#9
| |||
| |||
| "Mike Wellman" <irsfixer[at]aol.com> wrote: - quote - > mark212 wrote:
My bank's online bill payment system allows you to add a> > I was on hold with the IRS for 35 minutes today and finally > > gave up. All I wanted to know is if I could pay my estimated > > tax quarterly bill due next week with a Bill Pay check from > > my bank that I set up online. I set up the IRS as a vendor > > with their PO Box and my account number (SS#) but when the > > check gets there it will not have one of those estimated > > invoice forms with it. I hope this goes through this way. > Unless you put your SSN AND "1040 - 2006" on the check, > there will be a problem. note to the check. If mark212's does as well, he should be able to add that information. -- Barry Margolin, barmar[at]alum.mit.edu Arlington, MA *** PLEASE don't copy me on replies, I'll read them in the group *** << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#8
| |||
| |||
| mark212 wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
You can avoid any doubt by using EFTPS-OnLine> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. (https://www.eftpssouth.com/Eftps). John B. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#7
| |||
| |||
| mark212 wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
You can avoid any doubt by using EFTPS-OnLine> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. (https://www.eftpssouth.com/Eftps). John B. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#6
| |||
| |||
| mark212 wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
Unless you put your SSN AND "1040 - 2006" on the check,> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. there will be a problem. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#5
| |||
| |||
| mark212 wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
I don't have an answer for you about whether paying with a> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. Bill Pay check will work. The lack of the 1040-ES with the check certainly opens the door to the check being applied inaccurately. Have you considered using the Electronic Federal Tax Payment System (EFTPS) instead? Here's the website: www.wftps.gov You can set up payments in indvance to be withdrawn from your checking account on any day you specify. Not the best user interface in the world, but it's extremely convenient. It's probably too late for you to set things up with EFTPS for the September due date, but it could be something you look at for future payments. --Chris Ballard << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#4
| |||
| |||
| mark212 wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
I seriously doubt it. without reference to what the payment> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. is all about, and your social security number (specified as that, not just "account number") it is really taking a chance. use the voucher and check next time. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#3
| |||
| |||
| mark212 wrote: - quote - > ...if I could pay my estimated
Wasn't a good plan, but when you mail a check with enough> tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. info to identify who you are (look up your "entity" account), they can assume an ES payment was intended. If they receive a physical check, that can happen. But maybe they have sufficient info on common vendors to make an electronic transfer. What does IRS receive then? Fred F. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#2
| |||
| |||
| "mark212" <mark212[at]comcast.net> wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
I'm not a tax pro and don't have a direct answer to your> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. questions, but I suggest you first ask your bank. The banks I use for on-line bill pay state that their services cannot be used to pay taxes. To pay your estimated taxes on line sign up for EFTPS at www.eftps.gov. Your EFTPS account will be linked to your bank account and funds will be transferred (at your direction) at no cost to you. It takes a few weeks to have an EFTPS account set up, so you will not be able to use it for a payment due next week. -- Vic Roberts Replace xxx with vdr in e-mail address. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#1
| |||
| |||
| "mark212" <mark212[at]comcast.net> wrote: - quote - > I was on hold with the IRS for 35 minutes today and finally
I'm not overly hopeful. In addition to your SSN the lockbox> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. needs to know where to apply the money. It may be that this specific one handles only current year ES payments, but I wouldn't take the chance. I would cancel the online payment and send a check for the 9/15 installment. In the meantime go to www.eftps.gov and get yourself set up so you can make future online payments through that system. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| | |||
| |||
| "mark212" <mark212[at]comcast.net> wrote - quote - > I was on hold with the IRS for 35 minutes today and finally
Please don't. Without the estimated tax coupon with the> gave up. All I wanted to know is if I could pay my estimated > tax quarterly bill due next week with a Bill Pay check from > my bank that I set up online. I set up the IRS as a vendor > with their PO Box and my account number (SS#) but when the > check gets there it will not have one of those estimated > invoice forms with it. I hope this goes through this way. check, it's up to a governmental employee type (the one that opens the mail at that) to decide what you are paying for. It could end up most anywhere besides where you want it to go. Hand write the check yourself and mail it with the quarterly coupon. -- Paul Thomas, CPA paulthomascpapc[at]bellsouth.net << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#-1
| |||
| |||
| I was on hold with the IRS for 35 minutes today and finally gave up. All I wanted to know is if I could pay my estimated tax quarterly bill due next week with a Bill Pay check from my bank that I set up online. I set up the IRS as a vendor with their PO Box and my account number (SS#) but when the check gets there it will not have one of those estimated invoice forms with it. I hope this goes through this way. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| estimated, paying, taxes |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Does letting the IRS have my refund count as paying estimated taxes? Ted: I am getting a significant refund; had a worse year than I expected... I will have to pay out a lot in estimated taxes. The refund will be about... | Taxes | 4 | 04-03-2006 04:14 AM | |
| Paying Estimated State Taxes & Moving to New state Anthony: I am currently living in NY making 2005 estimated tax payments to NY and am moving to NJ sometime in July. How do I handle the estimated taxes... | Taxes | 1 | 06-16-2005 11:18 AM | |
| Definition of fiscal quarter for estimated taxes vs payroll taxes tns1: As an operator of a sole proprietorship for several years, I am used to paying estimated taxes for quarters defined as months 1-3,4-5,6-8,9-12. I... | Taxes | 5 | 06-15-2005 10:23 AM | |
| Re: Start Paying Estimated Taxes Now? Bill: Dave posted: > I was recently layed off from my full-time (W-2) > job. My income for the remainder of the year > will likely come from a... | Taxes | 3 | 07-28-2003 09:09 PM | |
| Thread Tools | |
| Display Modes | |
| |