2012 Electronic Funds Transfer Guidelines Page 12
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23Electronic Funds Transfer Guidelines
Louisiana Department of Revenue
Example:
Amount of deposit ............................................... $ 23,400.50
a.
Count the number of digits ..................... 2,3,4,0,0,5,0 = 7
b.
Plus the value of these digits .................. 2+3+4+5 = 14
c.
The check digit is .................................... 7+14 = 21 (Retain this number for later verification)
2. Types of Input
Dollar
$150.55
150.55#
Number
12345
12345#
Date
7/25/2011
7*25*11#
Negative
($1.00)
*1*00#
(preceeded with asterisk)
($0.50)
*0*50#
3. Dial 1-866-221-8322.
4. System: “Welcome, please enter your ID” (your preassigned security access code consisting of a 5-digit com-
pany ID, a 10-digit location number, and 3-digit tax account password, separated by asterisks):
*
*
#
Company ID
Location Number
Tax Account
Password
5. System: “Welcome to the Louisiana Department of Revenue’s EFT Service Enter value for Total Tax Payment ”
Enter the Total Tax Payment: $$$$$$$$*cc#.
The maximum value is $99,999,999.99. If the amount of tax that you are paying exceeds the maximum value, a
separate transaction is needed for the balance.
The system will calculate a check digit and say, “The check digit is ##. Is this correct?” This number should be
compared to your previously calculated number. If the check digit is correct, press 1#; if incorrect, press 0#. If 0
is selected, the system will ask you to reenter your total tax payment. This verification procedure will be repeated
after each field entered.
6. System: “Enter value for Tax Type Code ”
The tax type codes are listed in Section VIII. Your tax type code was also included in the letter you received con-
taining your security codes.
*
Tax Type Code
The System will repeat the tax type code and will ask: “Is that correct?” If it is correct, press 1#; if incorrect, press
0#. If 0# is selected, the system will ask you to reenter the tax type code.
System: “Enter value for under protest ”
7.
Enter “#” if payment is not being made under protest.
Enter “99#” if payment is being made under protest.
8. System: “Enter value for Tax Period End Date.”
Enter Tax Period End Date: mm/dd/yy#.
Note: For the Severance Tax filers, the tax period is entered as mm/yy.
For example, if reporting the December 2010 taxable period, you would enter 12*31*10#. The taxable period should
be the same as the taxable period denoted on the tax return. When paying income tax declarations, the taxable
period indicated should be the period denoted on the Corporation Income and Franchise Tax return (Form CIFT-
620). Do not use the due date of the estimated payment. Please refer to Appendix V for withholding tax reporting
period designations.
SYSTEM will repeat the tax period end date and will ask: “Is that correct?” If correct, press 1#; if incorrect, press
0#. If 0# is selected, the system will ask you to re-enter the tax period end date.
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