17 NCAC 01C .0509 — Eft Payment Procedures

17 NCAC 01C .0510 EFT PAYMENT PROCEDURES - ACH DEBIT METHOD (a) The taxpayer shall initiate an ACH Debit payment by contacting the Data Collection Center and communicating the payment information contained in Subparagraphs (c)(1) through (c)(5) of this Rule. Communication of payment information with the Data Collection Center may be accomplished by the following methods: (1) Online batch payments accessible via the Department's ACH Debit Batch Payment System webpage at www.govone.com/tpp/northcarolina/Account/Logon; (2) Touch-tone communication of payment information made by entering data via a touch-tone phone; or (3) Voice communication via telephone to a Data Collection Center phone agent at 1-888-729-6282. (b) The taxpayer shall report payment information to the Data Collection Center no later than 3:45 p.m., Eastern Standard Time, on the call-in day. The Department shall bear the cost of processing EFT payments by the ACH Debit method through the Data Collection Center. (c) The following payment information is required: (1) Taxpayer identification number; (2) Tax type; (3) Tax period end date; (4) Payment type (Tax, Penalty, and Interest); and (5) Payment amount. (d) Upon receipt of the information from the taxpayer, the Data Collection Center shall provide the taxpayer with a reference number. The reference number provides a means of verifying the accuracy of the recorded tax payment and serves as a receipt and audit trail for the transaction. (e) In the event a taxpayer using the ACH Debit method communicates payment information to the Data Collection Center after 3:45 p.m., Eastern Standard Time, on the business day before the due date, the payment shall be posted to the taxpayer's account on the next business day following the due date and shall constitute a late payment. 17 NCAC 01C .0511 EFT PAYMENT PROCEDURES - ACH CREDIT METHOD (a) To enroll in the ACH Credit method taxpayers shall contact their financial institution to determine if the service is offered and make the necessary arrangements to transfer payments to the Department on or before the due date for a tax. The taxpayer shall bear the cost of an ACH Credit transaction. (b) An ACH Credit payment shall be credited to the Department's account in its financial institution on or before the applicable due date for a tax. An ACH Credit payment credited to the Department's account in its financial institution after the applicable due date for a tax shall constitute a late payment. (c) All ACH Credit transactions shall utilize the NACHA CCD+ entry with a TXP Banking Convention addenda record. The TXP Banking Convention addenda record must include the following: (1) Taxpayer's identification number; (2) Tax type code; (3) Tax period end date; (4) Payment type (Tax, Penalty and Interest); and (5) Amount of payment. (d) The taxpayer shall provide the financial institution originating the ACH Credit transaction with the information contained in Subparagraphs (c)(1) through (c)(5) of this Rule in order for the financial institution to complete the NACHA CCD+ entry with the TXP Banking Convention addenda record. (e) The Department shall revoke the right of a taxpayer to use the ACH Credit method of payment if the taxpayer: (1) Fails to transmit payments in the TPX Format as required by this Rule three or more times in a 12 consecutive month period; (2) Fails to make ACH Credit payments on or before the due date for a tax three or more times in a 12 consecutive month period; or (3) Fails to provide the correct addenda record data required by this Rule three or more times in a 12 consecutive month period. 17 NCAC 01C .0512 EFT PAYMENT PROCEDURES - WIRE TRANSFERS