Effective January 1, 2011, The IRS Will No Longer Accept Federal Tax Deposit Coupons

Effective January 1, 2011 the IRS will require that all Federal taxes be deposited using Electronic Federal Tax Payment System (EFTPS).  The Federal Tax Deposit coupon (8109) will no longer be accepted at banking institutions.

To enroll in EFTPS, log on to the website http://www.eftps.gov and register.  When enrolling, you will need your Federal Identification Number, bank account number and bank account routing number (from an actual check, not a deposit slip).  Once you complete the online enrollment, you will receive a PIN number via mail within seven (7) business days.  After receiving the PIN, call the IRS at 1-800-982-3526 to receive a temporary internet password.  This will allow you to log in to the system and begin making your federal tax payments online.

If you have difficulty enrolling on the EFTPS website, EFTPS customer service is available at

1-800-555-4477 (for businesses) or 1-800-316-6541 (for individuals).

Some benefits of using EFTPS to make your tax deposits include:

  • Reduced error possibilities (EFTPS has an error rate of .18%)
  • EFTPS transactions can be scheduled up to 120 days in advance of the payment date
  • Provides a confirmation number which guarantees that the tax deposit has been scheduled

Payments must be scheduled by 8 pm ET the day before the due date in order to be received timely.  Unfortunately, same day payments are not an option through EFTPS.

We recommend that you get started on your EFTPS enrollment immediately to avoid any delays.  Even though your December 2010 payments may not be due until January 2011, any payments made after January 1, 2011 must be done through EFTPS.

Don't hesitate to call our office at (480) 812-8007 if you have any questions or need any assistance in getting enrolled with EFTPS.

Sincerely,

Benjamin T Koeller CPA, PLLC