Payment Options for Businesses

Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT) eliminates problems associated with lost checks and penalties for late payment and reduces the costs of handling and processing. EFT is available for businesses and individuals and is voluntary for all taxpayers except those who are subject to the mandatory requirements explained below.

Taxpayers remitting any single business tax of $50,000 or more during the previous fiscal year must pay and file returns electronically for all business tax types, unless specifically excluded. You can visit the Electronic Filing for Businesses page for information about exclusions to the e-File requirement.

Using EFT to pay your tax liability makes no changes to your state tax return filing requirements. You still must file returns by the statutory due date electronically or on paper, if required, with the State Tax Department.

A 3% civil penalty will be applied to any payment received that is not made by EFT when EFT payment is required and a waiver has not been obtained.

There will be a $15.00 fee for all returned electronic payments for any reason (insufficient funds, closed accounts, etc.). This includes payments submitted by ACH Debit, ACH Credit and credit card.

Payment Options for Business

West Virginia accepts ACH Credits, ACH Debits and Credit Cards.

ACH Credits – Payments are initiated by your financial institution. You can apply online for Electronic Funds Transfer, or you can complete and submit a WV/EFT-5 Electronic Funds Transfer Application. Please contact your bank to confirm their participation in the ACH Credit program before applying with us.

ACH Debits – Payments initiated by the Tax Department based on information provided to us. You can use the MyTaxes website to begin remitting payments electronically using the ACH Debit method.

Credit Cards – All major credit cards accepted. You can visit the Credit Card Payments page for more information.