Same-day wire federal tax payments | Internal Revenue Service
Summary: This worksheet provides taxpayers with the necessary fields and instructions to initiate a same-day wire transfer for federal tax payments through their financial institution.
The Same-Day Wire Taxpayer Worksheet is an official IRS document designed to facilitate the electronic payment of federal taxes via wire transfer. It requires taxpayers to provide specific details, including their Taxpayer Identification Number, tax type, tax year, and period. The document includes a reference table for common IRS tax types and subtypes, as well as specific wire instruction fields for financial institutions to ensure the payment is processed correctly. It also provides guidance on transaction confirmation and notes that payments must be initiated before 5 p.m. ET.
Document outline
1. Taxpayer Worksheet Fields (1-9) 2. Common IRS Tax Types and Subtypes Table 3. Legend for Tax Type Suffixes 4. Wire Instructions for Financial Institutions 5. IRS Single Payor Tax Wire Details 6. Transaction Confirmation Procedures