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When a company makes its tax deposits using EFTPS, all of the following methods can be used EXCEPT:

A. a check.
B. Fedwire.
C. EFTPS Direct.
D. EFTPS Through a Financial Institution.

User Supersambo
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1 Answer

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Final answer:

The correct method for tax deposits using EFTPS is not a check.

Step-by-step explanation:

The Electronic Federal Tax Payment System (EFTPS) is a secure government website that allows individuals and businesses to pay federal taxes electronically. It was created by the U.S. Department of the Treasury to provide a convenient and efficient way for taxpayers to make various federal tax payments, including income taxes, corporate taxes, excise taxes, and other types of federal taxes.

The correct answer is A. a check. When a company makes its tax deposits using Electronic Federal Tax Payment System (EFTPS), they have several methods to choose from including Fedwire, EFTPS Direct, and EFTPS Through a Financial Institution. However, a check is not an accepted method for making tax deposits through EFTPS.

User Sharna
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