Making Estimated Tax Payments with EFTPS

Business taxpayers who remit payroll taxes know about the mandatory use of the EFTPS, the Electronic Federal Tax Payment System, but individual taxpayers also are eligible to use the system as well! Taxpayers who are required to make estimated tax payments may enroll in the EFTPS program to make their payments.  The enrollment process is simple, and requires the taxpayer's identifying information as well as checking and routing number.  Taxpayers can then schedule payments up to 12 months in advance. This system works wonders for taxpayers who find it inconvenient to remember the estimated tax deadlines (April 15, June 15, [...]