What is EFT?

The EFT program involves the transfer of funds by means other than a transaction originated by check, draft, or similar paper instrument. The transactions are initiated by the taxpayer by electronic means. A financial institution (bank) is then authorized to debit or credit an account. The EFT program only affects taxes reported on the Excise Tax Return.

Is EFT voluntary?

If your annual taxes due are less than $240,000, EFT is voluntary. If your annual taxes due are $240,000 or more, EFT is mandatory.

Register for EFT or Update your EFT information

• Online
• Download, complete, and print a paper copy (PDF)

Instructions for Initiating EFT Payments:

• By Touch-Tone Telephone (pdf)
• By Telephone (Voice) (pdf)

EFT Due Dates

• 2010
• 2009
• 2008
• 2007
• 2006
• 2005

Forms & publications

Authorization Instructions & Agreement for Electronic Funds Transfer For Excise Tax Payments (pdf)

Your Guide To The Electronic Funds Transfer Program (pdf)

Information on Electronic Funds Transfer (EFT) (pdf)

References

WAC 458-20-22802