Fixing the "Electronic Funds Withdrawal Date is Invalid" Error in TaxWise (California Return - CA 540)
Steps to Fix the Error in TaxWise
Open the Tax Return
Launch TaxWise and open the affected tax return.
Go to Form CA 540 (Page 5)
Locate Form CA 540 - California Resident Income Tax Return.
Scroll down to Page 5, where the Electronic Funds Withdrawal (EFW) Payment Date is entered.
Update the Payment Date
If filing before April 18, 2023, ensure the payment date is on or before April 18, 2023.
If filing after April 18, 2023, update the payment date to the current date (today’s date).
Validate the Return
Run Diagnostics in TaxWise to check for errors.
Ensure there are no further issues related to electronic funds withdrawal.
Save and Resubmit
Save the updated return and proceed with e-filing.
Key Takeaways
✅ The payment date must be on or before the tax deadline if filed on time.
✅ If filing late, the payment date must be the current date.
✅ Update the Electronic Funds Withdrawal (EFW) payment date on CA 540, Page 5.
✅ Run diagnostics in TaxWise before resubmitting.
Following these steps will resolve the issue and allow you to proceed with the California state return submission! 🚀