Question

If I've made in initial payment with the IRS, through turbo tax, how long will that payment take to process back to TurboTax

Forum|Forum|3 years ago
May 5, 2023
1 reply
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My initial payment is for my federal taxes.

TurboTax Free Edition Online

Employee

If you selected to pay the federal taxes owed using direct debit from your bank account, that information was sent with the e-filed return. The IRS will debit your account on or after the date you selected to have the taxes paid.

Your proof of payment is on your bank statement.

Check your IRS tax account for payments made - https://www.irs.gov/payments/your-online-account

Critter-3

What do you mean by initial payment? When you pay through the TurboTax system you must pay the entire balance due in full in one payment. It cannot be a partial payment. Do you think you were paying one quarter of the taxes that were due? If so you weren't paying attention to the forms, there was one payment voucher for the entire 22 balance due and then for estimated tax payments for the 2023 tax year. That first estimated payment was not for the 22 balance due.

S

steezyd117Author

There is an option, at the end when you select payment, to set up a payment plan, and when I chose that option, TurboTax sent me to the IRS website. On that website, there are multiple options for selecting a payment plan.