Payment channels let TAP know where the payment is coming from, such as a bank account. Each payment channel is for a specific bank account. You can set up one payment channel for all your tax accounts, or you can set up different payment channels for different tax accounts.
Also, you can change which payment channel is associated with a tax account, or delete a payment channel.
To add a payment channel for all tax accounts
Note: Using this procedure sets up a bank account available to all tax accounts you have (or your client has, if you’re a tax professional).
- On the TAP home page, click Manage My Profile.
- On the More tab, go to the Payment Channels panel and click Manage Payment Channels.
- Click Set up new payment channel.
- In the Payment Channel panel, choose the type of payment.
- Enter your bank account information.
- In the Name field, you see a default name. To change it, click No in the Use default name field (just above the Name field) and type a new name.
- Click Save.
To add a payment channel for just one tax account
The best way to add a payment channel to one tax account is to set it up when you’re making a payment on that account. See “Making a Payment” in the Starting with TAP guide.
To change the payment channel for a tax account
- Make sure you have at least one payment channel set up.
- On the TAP home page, click the Settings tab.
- Locate the tax account you want and click Default Payment Channel to the right.
- Click the payment channel you want and click Set as default.
- Click Yes to confirm.
To delete a payment channel
- On the TAP home page, click Manage My Profile.
- On the More tab, go to the Payment Channels panel and click Manage Payment Channels.
- Select a payment channel you want to delete. A new window opens.
- At the bottom of the Payment Channel panel for this bank account, click Remove this payment channel.
- Click Yes and then click OK to confirm the deletion.