Tax

Paying Your IRS Tax Bill from Overseas, and Managing Rebates: A Simple, Secure Solution

Paying Your IRS Tax Bill from Overseas, and Managing Rebates: A Simple, Secure Solution - Fiberpay.com
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Tom Smith - Fiberpay.com

Written by Tom Smith

Settling a U.S. tax liability with the IRS from overseas can be challenging.

Common issues include payment delays, rejected transactions, and unexpected interest or penalties for late payments.

These problems often occur when banks can’t verify IRS account details or when payment references are entered incorrectly, both of which are essential to ensure funds are allocated to the correct tax period or form.

With years of experience supporting international clients, we specialise in secure, compliant payments to the IRS from abroad.

Our team helps prevent common errors, ensures on-time delivery, and saves clients money through competitive foreign exchange rates when converting to U.S. dollars (USD).

That’s why tax advisors and accountants worldwide trust us to handle their clients’ IRS payments, offering peace of mind, efficiency, and reliability.

1Register an Account with Fiberpay

Opening an account with Fiberpay takes just a few minutes and gives you instant access to our secure online platform.

Once registered, you’ll receive unique account details issued in your chosen name, whether that’s an individual, company, estate, or trust.

Our simple onboarding process ensures fast veri cation and full access to your account for international payments, currency exchange, and global transfers.

Register an Account

2Purchase the US Dollars Required

Once your account is set up, you can easily purchase the US dollars (USD) needed to pay your IRS tax bill, or make any other international payment(s).

You can secure the exchange rate in advance, giving you full visibility of the cost and protection against market fluctuations.

Alternatively, you can pre-fund your account with the currency you plan to exchange, and any unused balance can be returned to your account at no additional cost.

If you’ve locked in a rate, simply fund your account so we can settle the trade and release the USD purchased.

Our experienced FX team is always available to guide you through the process, answer questions, and ensure your transaction is completed smoothly and on time.

3Add the IRS account details as a Beneficiary

Adding the IRS account details is the next step and this can be simply added under the ‘Beneficiaries’ function on your account.

For reference, these can be found via the IRS ‘Foreign Electronic Payments Guide’ - https://www.irs.gov/individuals/international-taxpayers/foreign-electronic-paymentstax-type-codes

The IRS beneficiary details should be added in the following format:

Account Name: US Treas Single TX

Account Number: Client Tax Payer ID Number

ABA/Routing: 091036164

Address: Internal Revenue Service Center Austin, TX 73301-0010

4Make the payment to the IRS

Setting up your IRS payment from overseas can feel daunting—especially if you’ve experienced delayed or failed payments before. Our team ensures every transfer goes smoothly so that funds are credited and allocated correctly to your IRS account.

When adding the beneficiary details, it’s essential that all required information is entered accurately in the payment reference field. We regularly assist clients at this stage to give complete peace of mind that everything is correct.

Once you select ‘Pay’ on the platform, simply choose the amount to send and enter your Payment Reference in the following order:

  1. Tax Payer ID
  2. Taxpayer name control
  3. Taxpayer name
  4. Tax type
  5. Tax year
  6. Tax month/quarter

Example:

987654321:SMIT:JOHNSMITH:1040:22:12

5Funds Credit with the IRS

Once the payment has been dispatched, funds typically credit with the IRS within 1 hour, and the payment confirmation and payment tracking can be found via your platform.

As part of our service, we often contact the IRS on behalf of our clients to confirm that the funds have credited and have been allocated.

For more information on how we can help, or to discuss an upcoming payment to the IRS, feel free to get in touch

IRS FLow Chart

Summary of the transaction process of sending money to the IRS from your Fiber account.

Receiving an IRS Tax Rebate from Overseas

IRS Account details

Receiving a tax rebate from the IRS is always welcome, but if no nominated U.S. bank account is provided, the refund often arrives as a physical cheque.

Cashing or depositing an IRS cheque overseas can be challenging, and many banks charge high processing fees or are unable to accept it at all.

We make this easier by providing clients with named, U.S.-based USD account details, helping to avoid the delays and costs associated with cheque deposits.

This solution is ideal if you no longer hold a U.S. bank account or want to simplify the process, and save money when it comes to converting the US Dollars you are receiving, into another currency.

When completing the rebate process with your Tax Advisor, simply provide these account details as the nominated bank account.

Once the refund is processed, the funds are allocated directly to your USD account, giving you full control over when to convert your dollars into the currency you need.

The content in this article is provided for informational purposes only and should not be construed as professional advice. Always consult with a qualified expert or professional for specific guidance on any topic discussed here.
Tom Smith - Fiberpay.com

Written by Tom Smith

Tom is part of our Senior Strategic Partnerships team, advising on US/UK private client matters, wealth structures, and high-value transactions for HNW and UHNW individuals.

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