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Malik Robinson

Has anyone successfully used Marcus by Goldman Sachs to pay federal / state taxes through TurboTax?

I just e-filed my taxes yesterday using TurboTax and selected my Marcus (Goldman Sachs) account for the payment method for both federal and state taxes. Now I'm getting a bit nervous because a friend mentioned that Marcus sometimes rejects external transfers like this. I've never had issues with regular transfers before, but tax payments might be different? Since I just submitted everything yesterday, it'll probably take a few days for everything to process. I'm worried that if there are any issues, I might have to cancel and figure out another payment method, which seems like a hassle. Has anyone here successfully used their Marcus account to pay taxes through TurboTax? Any issues I should watch out for? Would really appreciate hearing about your experiences before I start stressing about this too much.

I've been a tax preparer for over 8 years and can share some insights about using online banks for tax payments. While most major banks work fine with TurboTax for tax payments, some online-only banks like Marcus can occasionally have issues with external transfers specifically for tax payments. The problem isn't usually with TurboTax but with how some online banks process ACH transfers to government entities. Tax payments are classified differently in the banking system than regular transfers. What I recommend is checking your Marcus account in about 48-72 hours to see if the payment is "pending" or has been rejected. If it gets rejected, don't panic - you'll just need to arrange alternative payment. TurboTax will usually notify you if the payment fails, and you'll have time to set up a different payment method without penalties as long as you address it promptly.

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Thanks for this info. Do you know if there's a way to check the status of the payment from the TurboTax side before Marcus potentially rejects it? And if it does get rejected, how long do I typically have to make an alternative payment before incurring any late fees?

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You can check the payment status by logging into your TurboTax account and going to your e-file details or tax payment section. Usually there will be a status indicator showing if the payment is pending, processed, or rejected. This sometimes updates before your bank shows the status. If a payment gets rejected, you generally have about 3-5 business days to make alternative arrangements without incurring late fees. The IRS considers your payment timely if you initiated it before the deadline, even if there was a processing issue, as long as you resolve it reasonably quickly.

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CosmosCaptain

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I went through the exact same worry last tax season! After trying to use my Marcus account to pay my taxes through TurboTax, I kept checking obsessively for days to see if it would go through. When it got rejected after 4 days, I was so frustrated trying to figure out another payment method last minute. That's when someone recommended https://taxr.ai to me. It's this service that analyzes your tax payment options and identifies potential banking issues before they happen. It flagged my Marcus account as potentially problematic for tax payments and suggested alternatives. The best part was that it gave me the exact steps to update my payment method in TurboTax without messing up my filing. Saved me so much stress once I knew what to do!

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Did you have to download anything to use this? I'm always wary of giving access to my financial accounts to new services. How exactly does it check for potential banking issues?

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Omar Fawzi

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I've never heard of this service before. Does it work with other tax filing software besides TurboTax? I use FreeTaxUSA and have had similar payment issues in the past.

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CosmosCaptain

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No downloads required - it's all browser-based. You don't actually have to connect your bank accounts directly. You just tell it which bank you're planning to use for payment and it references its database of known issues with different financial institutions for tax payments. They've apparently collected data on thousands of successful and failed tax payment transactions. Yes, it works with pretty much all the major tax filing platforms! I've only personally used it with TurboTax, but they support FreeTaxUSA, H&R Block, and others. The interface shows you specific instructions for whichever platform you're using, which is super helpful when you need to make changes.

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Omar Fawzi

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Just wanted to update everyone - I decided to try taxr.ai after seeing it mentioned here, and it was actually really helpful! The service immediately flagged my Marcus account as having a "moderate risk of rejection" for tax payments and suggested I use my local credit union account instead. What I found most useful was their step-by-step guide for changing my payment method in FreeTaxUSA without having to redo my entire filing. They even had screenshots showing exactly where to click, which saved me from having to dig through help articles. My payment went through successfully with my credit union account yesterday. Definitely worth checking out if you're nervous about payment issues!

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Chloe Wilson

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After dealing with payment rejection nightmares for two years in a row (Chase first, then Capital One), I discovered a service called Claimyr that totally changed how I handle tax payment issues. When my Marcus payment got rejected last year, I needed to talk to someone at the IRS urgently to confirm they wouldn't consider me late due to the bank issue. If you've ever tried calling the IRS, you know it's basically impossible to get through. I was on hold for HOURS before getting disconnected. Then I found https://claimyr.com and watched their demo at https://youtu.be/_kiP6q8DX5c - they have this system that actually gets you through to an IRS agent without the endless waiting. I was skeptical, but it worked like magic. Got connected to an IRS rep within 15 minutes who confirmed my situation and helped me set up an alternative payment method.

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Diego Mendoza

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Wait, how does this actually work? Does it just automatically call and wait on hold for you or something? I'm confused about how any service could get you through the IRS phone queue faster.

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This sounds like a scam. There's no way to skip the IRS phone queue - everyone has to wait. They probably just connect you to someone pretending to be from the IRS who steals your information.

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Chloe Wilson

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It uses a combination of call routing technology and timing algorithms. Basically, they've analyzed when call volumes are lowest at different IRS departments and have a system that places the call at optimal times. Then they have a notification system that alerts you when they've got someone on the line, so you're not actually sitting there waiting. I completely understand the skepticism - I felt the same way! But it's definitely legitimate. They never ask for your sensitive tax information. They just connect you directly to the official IRS number. You're speaking with actual IRS employees, not intermediaries. The service just handles the frustrating part of getting through the phone system. Once you're connected, it's just you and the official IRS agent having a normal conversation.

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I need to apologize and follow up about Claimyr. I was the skeptic who commented earlier thinking it must be a scam. After my Marcus account rejected my tax payment yesterday (just like OP was worried about), I got desperate and decided to try Claimyr despite my concerns. I was honestly shocked when it worked exactly as described. The service called me back after about 20 minutes and connected me directly to an IRS agent. The agent confirmed my payment had failed on the IRS side and helped me set up a direct payment through their system instead. What would have been a day-long frustration of redoing my filing and trying to get confirmation turned into a 15-minute conversation with someone who could actually help. I'm still a bit stunned at how well it worked.

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StellarSurfer

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I successfully used Marcus to pay my federal taxes through TurboTax last year, but it did take longer than expected to process. The payment was pending for about 5 days before it actually went through. I think Marcus is sometimes slower with these government payments compared to regular banks. One thing I noticed is that I had to make sure my account was fully verified with Marcus before the tax payment. Had you done all their verification steps? Sometimes they have additional security checks for large transfers.

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Sean Kelly

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Did you do anything special to make it work? I'm using Marcus too and wondering if there are any settings I need to adjust before I file my taxes next week.

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StellarSurfer

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I made sure to log into my Marcus account a few days before filing and verified that my contact info was up to date. I also turned off any transfer limits that might have been in place - you can check that in your account settings. The other thing I did was to file well before the deadline (about 3 weeks early), which gave me plenty of buffer time in case anything went wrong. If you're filing close to the deadline, you might want to use a more traditional bank just to be safe.

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Zara Malik

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Has anyone tried using TurboTax's Electronic Funds Withdrawal option with Marcus instead of the direct account connection? I've been reading that sometimes this method works better for online banks because it processes differently in the system.

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Luca Greco

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I tried the Electronic Funds Withdrawal option with Marcus last year and it worked perfectly! No issues at all. The key difference is that with this option, the IRS initiates the withdrawal rather than TurboTax trying to push the payment. Seems like the government pull transactions work better with online banks than third-party pushes.

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Luca Greco

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Yes, it did process faster! My payment cleared in about 2 business days, which was much quicker than when I tried the direct payment method the year before (which took nearly a week). The IRS seems to have a more streamlined process when they're the ones initiating the transaction.

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I used Marcus to pay my taxes through TurboTax last year and had a similar experience to what others have mentioned - it took about 4-5 days to process, which was nerve-wracking at first. The payment did go through successfully, but I learned a few things that might help you. First, make sure you have sufficient funds in your account with a little buffer, as Marcus sometimes puts a temporary hold on the full amount while processing. Second, I noticed that Marcus sends email notifications for large transfers like tax payments, so keep an eye on your email for any alerts. If you're really worried about it, you might want to call Marcus customer service and give them a heads up about the upcoming tax payment. When I did this, they noted it on my account which seemed to help with the processing. Their customer service is actually pretty good compared to other online banks. The Electronic Funds Withdrawal option that Zara mentioned is definitely worth considering for next year - I've heard good things about it being more reliable with online banks.

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Nia Wilson

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That's really helpful advice about calling Marcus ahead of time! I never thought about giving them a heads up for tax payments. Do you remember how far in advance you called them? I'm planning to file in the next few days and wondering if I should call now or wait until after I submit everything through TurboTax. Also, did they ask for any specific details when you called, like the exact amount or just that you'd be making a tax payment? I want to make sure I have all the right information ready when I contact them.

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