Our EZ2290 Platform includes 4 different options for submitting payment to the IRS for your Form 2290. We know it can seem challenging to spot the differences, find the necessary information, and pick the option that will work best for you.
Luckily, any of our options for your IRS payment will work smoothly, and our team at EZ2290 is here with all the information you need to make the right choice!
1. ACH- Direct Bank Account Draft
As the name implies, this option will withdraw money directly from your bank account. If you want to use the Direct Bank Account Draft, there are a few pieces of information to have handy:
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Routing Number
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Account Number
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Account Type (Checking or Savings)
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Account Holder Phone Number
Once you enter the required information, click Next to lock the payment information. Moving to a different option will erase the banking information you have entered.
2. EFTPS- Electronic Federal Tax Payment System
This option allows you to pay electronically on eftps.gov through your account. If you already have an account on their site, you can click the link to the website on our platform and select “Make a Payment.” If you don’t already have an account, select “Enroll” on the same home screen. Note that it may take 7-10 business days to set up your account if you don’t already have one.
If you’re using this method, it’s wise to allow 4-5 business days for the payment to go through on time.
3. Mail-In Check
One of the easiest methods available is to mail in a check. Make checks payable to the “United States Treasury” and include the following information on the back:
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Your Employer Identification Number (EIN)
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Daytime phone number
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Form 2290 and the tax period
Along with the check, print and enclose a copy of the Payment Voucher 2290-V, which is available after submission. Send this information to the provided address:
Internal Revenue Service
P.O. Box 804525
Cincinnati, OH 45280-4525
4. Credit or Debit Card (IRS.gov/PayByCard)
We know that many of you have wanted to pay the IRS fee due for your 2290 with a debit or credit card, and in the past, this has not been possible. However, the IRS has finally added a new payment option for making your HVUT payment. You can now pay the IRS fee due by debit or credit card. Yes! You heard correctly! The IRS now allows you to pay your fee with a debit or credit card.
To choose this payment method on our end, you will need to select the check box for this option, agreeing that you will go to IRS.gov/PayByCard to make the IRS payment due. You also agree that you will make the payment separately in order for your form 2290 to be processed to the IRS. You’ll still receive the IRS stamped Schedule 1 within minutes, but you’ll have to do more on your end to get the payment taken care of.
You can make your payment directly to the IRS using the IRS.gov/PayByCard website. This will take EZ2290 out of the equation of IRS Payment. We will e-file the 2290 form for you, and you’ll submit your payment online, at IRS.gov/PayBycard.
Once you go to IRS.gov/PayByCard, you will see a list of Service Providers to choose from. You will need to select a provider to use to pay the fee by debit or credit card. These service providers also have a fee, which is typically less than $3, to use them to make this payment. Once a provider is selected, you will be given 2 options. You will select ‘Make a business payment’ in order to have the option to select to pay for the 2290.
You will select a payment category from the drop down menu listed, ‘Payment Category’. This is where you will select the option, 2290.
Next you will need to select ‘Tax Type’ from the drop down menu. This means you will need to select the year you are paying for. (Note: Please make sure you select the correct category before continuing. If you make a payment for the wrong year, this payment can’t be cancelled.) Once both of these options are selected, click the Continue button.
On the next page you will be required to enter your payment details. Once completed, click the Continue button. You will be given an opportunity to review the information. Please make sure to review and confirm the information is correct before continuing. If the information is correct, finish with the payment and you will receive a receipt for the transaction.
For all these methods, make sure you’re giving yourself plenty of time before the due date to send in your payment. Have any other questions? Feel free to visit our website and chat with an expert!