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EEGP Electronic Estimated Tax Payments (year) Complete if you are electronically filing your tax return (Form M1), and you want to schedule electronic funds withdrawal for your estimated tax payments.
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What is draft bank bank authorization?
Draft bank authorization is a document that allows a bank to draft funds from a customer's account to pay for goods or services.
Who is required to file draft bank bank authorization?
Any individual or business that wants to set up automatic draft payments from a bank account.
How to fill out draft bank bank authorization?
To fill out a draft bank authorization, you must provide your bank account information, the amount to be drafted, the frequency of the drafts, and the date of the first draft.
What is the purpose of draft bank bank authorization?
The purpose of draft bank authorization is to make payments more convenient and efficient by allowing funds to be automatically drafted from a bank account.
What information must be reported on draft bank bank authorization?
The information needed on a draft bank authorization includes the bank account number, routing number, the amount to be drafted, the frequency of the drafts, and the date of the first draft.
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