After you have signed up for the EFTPS submission service and sent us your signed Form 8655, we will set up your account at the IRS EFTPS website. Once the setup is complete and you have paid $25 to activate the service, our system will start to compute your federal payroll tax liabilities continuously and submit payment information when it is due. You can click on "Options" in EFTPS to view the setup details at any time. The EFTPS account passcode will be required for all further paydays to authorize us to submit the EFTPS information for you. Whenever you prepare new paychecks, you will be asked to enter the EFTPS passcode to approve the payday. If you do not remember your code, you can check the EFTPS setup under "Options" for details. The EFTPS Status page shows all pending, submitted, and rejected transactions. Each transaction is grouped by due date, type of taxes, amount, and status. You can click on "Details" to see how the total amount is calculated. If you click "Cancel," the specific EFTPS item will not be submitted. Once an EFTPS transaction is submitted, it will be moved out of the pending section to either the submitted or rejected sections. The details of a transaction show the types of taxes, amounts, and the specific paydays that are included in this transaction. The EFTPS transactions and the details are updated continuously. As soon as you approve a new payday, the EFTPS transactions will be updated and you can view your tax liabilities and due dates right away. In addition to the automatic EFTPS information submission, you can also create manual EFTPS transactions anytime for any purpose. After you have created the transaction, we will process and report the status in the same way as we do for automatic...
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Eftps down for maintenance Form: What You Should Know
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