ELECTRONIC FEDERAL 
                                                  Questions and Answers about 
Questions and Answers 
                                                  the Penalty Refund Program 
about the Penalty Refund                                                                           TAX PAYMENT SYSTEM 
Program 
                                                  Q. After I enroll in EFTPS, if I pay 
                                                     with a check in some quarters, 
Q. Why should I use EFTPS? 
                                                     will I still receive the refund?              SpecialSpecialIRSIRSPenaltyPenalty
A. It's secure, fast, easy, and accurate. There 
   are verification steps along the way that      A. No. To  qualify for a refund, you must use 
                                                     EFTPS to pay all your Form 941 taxes.                       RefundRefundOfferOffer
   eliminate 90% of paper coupon errors. 
   EFTPS is available 24 hours a day, 7 days         This includes any payments that are due 
   a week, even when you're away from with the return. 
   work. Plus, you receive an immediate 
   acknowledgement number for every payment,      Q. Do I still have to pay the penalty                          Enroll in and Use 
   and you can review all your electronic already assessed? 
   payments made within the last 16 months.       A. Y es, but if you qualify for the refundyou’ll 
                                                     get that money back with interest.                          EFTPS to Receive 

Q. Which penalty will be refunded?                                                                               a Special Refund 
A. IRS will "look back" up to 4 quarters prior to 
   your EFTPS enrollment and refund the                                                                          and AvoidFuture 
   deposit penalty charged in the most recent 
   quarter. 
                                                                                                                 Penalties! 

Q. How long will it take to receive 
   my refund? 
A. Refunds will occur on a quarterly basis. 
   However, if you have outstanding tax 
   liabilities, the refund will first be appliedot
   those liabilities and the excess, if any  , 
   will be refunded. 

                                      (continued) 

                                                                      IRS 
                                                               Department of the Treasury 
                                                               Internal Revenue Service 
                                                               www .ir s.go v 
                                                               Publication 4048 (11-2006) 
                                                               Catalog Number  34381K 
   ELECTRONIC FEDERAL 

TAX PAYMENT SYSTEM 

                                                                                                                Here’s how you 
The Electronic Federal Tax Payment System, EFTPS, is a service provided free by the 
                                                                                                                qualify for a one-time 
U.S. Department of the Treasury to help business taxpayers make their tax payments 
                                                                                                                refund of your late 
on time electronically. With EFTPS you can schedule your payment instructions in 
                                                                                                                deposit penalty 
advance (up to 120 days) to make sure your payment is there before the due date. 
                                                                                                                payment… 

                                                                                                                ■ In order to receive a one-time 
EFTPS gives you choices for how you Here’s How to Get Started 
                                                                                                                  penalty refund, the business 
want to pay your federal taxes:                                 ■ Enroll online at www.eftps.gov, or complete 
                                                                                                                  must have been assessed a late 
    online              by phone                                and mail Form 9779, EFTPS Business 
                                                                                                                  FTD deposit penalty for a quarter 
                                                                Enrollment Form. 
Or you can make your payments through a                                                                           prior to 2007. In addition they 
                                                                                                   Enroll 
service offered by your financial institution or                ■ Once you are successfully                       must pay the Form 941 payroll 
                                                                                                   T oday. 
payroll provider. Make sure you check with  -15 days youenrolled, within 10                                       tax deposit penalty in full. 
                                                                                                   Use EFTPS to 
them first to learn if they offerwillthisreceiveservicea and                 Confirmationyour benefit. 
if you qualify to use it.                                       Package that contains                           ■ Businesses must enroll in the 
                                                                instructions on using EFTPS as well as 
Here’s How it Works                                                                                               Electronic Federal Tax Payment 

                                                                information on how to obtain your Internet System (EFTPS) and complete 
With EFTPS, you enter your payment Password if you want to use EFTPS online. 
                                                                                                                  four full quarters of electronic 
instructions by Internet or phone at least 
one calendar day in advance of due date             .              In a separate mailing, you will receive your   deposits by March 31, 2008, in 
                                                                ■ 
Y our payments are automatically made on the EFTPS Personal Identification Number (PIN) order to qualify for the program. 

date you indicate. No more running to the for secure use of EFTPS by Internet or phone. 
bank or Post Of    fice with a check and a                      Then you’re ready to use EFTPS and              ■ Enroll at www.eftps.gov 
payment coupon.                                                 participate in the Penalty Refund Program. 

                                                                                                                  ELECTRONIC FEDERAL 
If you have any questions about the Penalty Refund Program and 
EFTPS, please call: 1-800-555-4477 (24/7) 
1-800-733-4829 (TDD Hearing-Impaired) 8 a.m. - 8 p.m. ET     •1-800-244-4829 (Espanol) 24/7                     TAX PAYMENT SYSTEM 
IRS Specialty Line for Penalty Referral questions • 1-800-829-0115