Client Alerts Elimination of Certain Manual Tax Payments

Publication
12.01.10

Certain taxpayers continue to rely upon IRS Form 8109-B to make manual deposits of certain federal income taxes and other payroll withholding. The federal office of Financial Management Service has decided to discontinue the system that has processed IRS Form 8109-B.

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Certain taxpayers continue to rely upon IRS Form 8109-B to make manual deposits of certain federal income taxes and other payroll withholding. The federal office of Financial Management Service has decided to discontinue the system that has processed IRS Form 8109-B. Effective January 1, 2011, taxpayers will not be able to use IRS Form 8109-B to make tax payments in connection with the following tax returns:

  • Form 941 – Employer’s Quarterly Federal Tax Return
  • Form 943 – Employer’s Annual Federal Tax Return for Agricultural Employees
  • Form 944 – Employer’s Annual Federal Tax Return
  • Form 945 – Annual Return of Withheld Federal Income Tax
  • Form 720 – Quarterly Federal Excise Tax Return
  • Form CT-1 – Employer’s Annual Railroad Retirement Tax Return
  • Form 940 – Employer’s Annual Federal Unemployment (FUTA) Tax Return
  • Form 1120 – U.S. Corporation Income Tax Return
  • Form 990-T – Exempt Organization Business Income Tax Return
  • Form 990-PF – Private Foundation or Nonexempt Charitable Trust Treated as a Private Foundation
  • Form 1042 – Annual Withholding Tax Return for U.S. Source Income of Foreign Persons

Taxpayers will need to register and use the Electronic Federal Tax Payment System (EFTPS) to make tax payments in connection with the above returns beginning January 1, 2011. The IRS has attempted to send its letter number 4631 to taxpayers advising them of this change with instructions to activate their enrollment in the EFTPS. Otherwise, taxpayers should visit the EFTPS website (www.eftps.gov) for instructions to activate enrollment. If any questions arise during the registration process, taxpayers are encouraged to call the EFTPS at (888) 434.7338. If general questions arise, taxpayers also can call EFTPS Customer Service at (800) 555.4477.

Certain taxpayers with a tax liability of less than $2,500 per return period may still be able to pay taxes with their quarterly or annual return. You may call the IRS at (800) 830.5215 to determine whether this option is available to you.

EFTPS users can make payments 24 hours a day, seven days a week. They can make deposits online by computer or by telephone. The system also allows taxpayers to schedule payment dates in advance in case they are unavailable to make them at the time they become due. For this purpose, taxpayers can schedule payments up to 120 days in advance of a desired payment date using the EFTPS.

Please do not hesitate to contact us if you have any questions.

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