Drake Tax - Integrated File and Pay - Pay a 1040 or 4868 Balance Due by Credit Debit Card

Article #: 11965

Last Updated: October 18, 2024

 


Tags: Drake Tax12712

Drake Tax logo

Note  This article comprises former KB articles 12712 and 11965. It is herein referred to as KB 11965.

A taxpayer credit or debit card payment (MC, Visa, Discover, AmEx) for a 1040 return or a 4868 extension can be arranged from within the software through Integrated File and Pay (IFP). Payment through IFP is available only for e-filed returns and extensions and must be scheduled before e-filing. If the filing is rejected, the taxpayer's card is not charged.

Important  IFP is not available for the following:

  • Form 1040-X

  • Form 1040-NR

  • Form 2350 extension

  • Prior-year returns

To learn more, log in to the Drake Software Support website > Products > Integrated File and Pay.

The following sections outline the process for using IFP.

Before e-Filing

  • Complete the return (but do not e-file it yet).

  • Go to the IFP screen, accessible from the Miscellaneous tab in Data Entry or via the Pay balance due with credit card link on the PMT and 4868 screens.

  • Select Form 1040 or Form 4868.

  • Recalculate the return to auto-fill the Balance due.

  • Return to the IFP screen and click Authorize Card. The IFP Drake Software E-Payment Center page is displayed on your browser.

  • Follow the steps indicated on the E-Payment Center.

Once the payment is authorized, an email is sent immediately to the taxpayer using the email address entered on screen 1. A second email is sent when the taxpayer's filing is accepted or rejected.

e-Filing

With the payment authorized, you should now e-file the return.

  • If the filing is accepted, the card is charged and the taxpayer receives email notification.

  • If the filing is rejected:

    • The card is not charged and the taxpayer receives email notification.

    • The payment authorization is no longer valid, and the card must be authorized again before re-filing the return with an IFP payment.

FAQs