What To Know About IRS Online Account
Setting up an IRS Online Account is a simple and secure way for taxpayers to instantly access information about their IRS activities, including any tax due balance, payments made, and tax records for the previous several years. Taxpayers should be aware that balances are updated once every 24 hours, typically overnight, and should allow one to three weeks for payments to be shown in the payment history.
Setting up an IRS Online Account allows you to view:
- payoff amount, which is updated daily
- The balance for each tax year for which you owe taxes
- payment history
- Essential information from your most recent tax return as originally filed
- Payment plan details if you have one
- Digital copies of select IRS notices
- Economic Impact Payments if you received any
- address on file
Taxpayers can also use their online account to:
- Select an electronic payment option
- Set up an online payment agreement
- Access tax records and transcripts
- Approve and electronically sign Power of Attorney and Tax Information Authorization requests from their tax professional
Here’s how new users can get started with their IRS Online Account:
- Select “View Your Account” on the IRS.gov homepage.
- Select the “Create or View Your Account” button.
- Click “Create Account.”
- Pass Secure Access authentication. This is a rigorous process to verify the taxpayer’s identity. You must be able to authenticate your identity to continue.
- Create a profile.
All password-protected online IRS tools for taxpayers are protected by multi-factor authentication. Once the initial authentication process is complete, returning users can use the same username and password to access other IRS online services such as Get Transcript and Get An Identity Protection PIN, if applicable.
Questions?
Get to know more about IRS online accounts and how we can help you prepare your taxes by contacting us today at admin@fas-accountingsolutions.com.