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Is there a way to confirm that an estimated tax payment scheduled in ProSeries was withdrawn timely - I would like confirmation within the software.

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Level 15

I don't think the software can tell you whether or not the bank released the funds.  The only true confirmation would be to check bank accounts to see if the money was pulled out of the account.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

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Level 15

I don't think the software can tell you whether or not the bank released the funds.  The only true confirmation would be to check bank accounts to see if the money was pulled out of the account.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

View solution in original post

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Level 1
It would be very helpful the ProSeries software could confirm the payment of estimated tax payments that are/were scheduled within the software.
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Level 3
Ain't gonna happen.  This would require that ProSeries have access to the client's bank account or to their IRS records.  I certainly would not want Intuit to have that kind of access even if they could.

I think the only true confirmation would be the IRS transcript to ensure that the money was credited to the TP's account for the proper tax year.  Yes, I have had IRS withdraw estimated tax payments and apply to the wrong year.

I would be happy if Intuit just calculated the tax return correctly without all the bugs.
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Level 15
Level 15
The software is just the messenger that sends the banking info to IRS, it was no clue whether the payment has actually been made or not,  your client should be checking that the payment was actually withdrawn from the account, just like if they mailed in a check....they'd want to check to see if/when it cleared their account

You can call the EFW phone number and inquire about a payment....Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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