Filing Your Return(s) and Paying Taxes
Electronic Options for Filing Business Returns and Paying Taxes
Electronic Federal Tax Deposit System (EFTPS)
What taxes can be paid electronically?
Once you enroll in EFTPS, your business can
use EFTPS to make tax payments electronically for the following
taxes:
Form
720 - Quarterly Federal Excise Tax Return
Form
940 - Employer's Annual Federal Unemployment Tax Return
Form
941 - Employer's Quarterly Federal Tax Return
Form
943 - Employer's Annual Tax Return for Agricultural Employees
Form
945 - Annual Return of Withheld Federal Income Tax
Form
990-C - Farmer s Cooperative Association Income Tax Return
Form
990 PF - Return of Private Foundation
Form
990-T - Exempt Organization Business Income Tax Return
Form
1041 - Fiduciary Income Tax Return
Form
1042 - Annual Withholding Tax Return for U.S. Sources of Income
of Foreign Persons
Form
1120 - U.S. Corporation Income Tax Return
Form
CT-1 - Employer s Annual Railroad Retirement Tax Return
In addition, you can use EFTPS to make all
your federal business tax payments, including income, estimated
and excise taxes.
Important References:
Publication
966 (9/2001) New Range of Electronic Choices
Publication
3425(9/2001) 5 Easy Ways to Use EFTPS for Tax Practitioners,
Accountants and Payroll Companies
Publication
3889 (9/2001) Something New for 1040ES Taxpayers
Web Link:
www.eftps.gov
The
Electronic Federal Tax Payment System (EFTPS)