Electronic Federal Tax Payment System (EFTPS)

The Electronic Federal Tax Payment System (EFTPS) is a free, secure, and convenient online system provided by the U.S. Department of the Treasury that allows individuals, businesses, and organizations to pay federal taxes electronically. EFTPS enables taxpayers to schedule and make payments for various federal taxes, including income tax, employment tax, and excise tax, ensuring timely and accurate tax deposits.

Key Facts

• Free and Secure: EFTPS is a no-cost service with strong security measures to protect taxpayer information.
• 24/7 Access: Payments can be scheduled or made anytime online or by phone.
• Advance Scheduling: Users can schedule payments up to a year in advance, helping with tax planning and avoiding late payments.
• Wide Range of Payments Supported: Includes individual and business income taxes, payroll taxes, estimated taxes, and excise taxes.
• Mandatory for Some Businesses: Certain businesses and taxpayers are required by the IRS to use EFTPS for federal tax deposits.
• Confirmation and Tracking: Provides immediate confirmation numbers and records of payment history for tracking.

1. What is EFTPS?

EFTPS is an online system that allows taxpayers to pay federal taxes electronically anytime.

2. Who can use EFTPS?

Individuals, businesses, tax professionals, and organizations can use EFTPS for federal tax payments.

3. Is there a fee to use EFTPS?

No, the system is provided free by the U.S. Department of the Treasury.

4. Can I schedule tax payments in advance?

Yes, payments can be scheduled up to one year in advance.

5. Is EFTPS secure?

Yes, EFTPS uses encryption and authentication to ensure secure transactions.