Section 35-1-04-210 - [Effective 12/23/2024]The Department allows for the following payment procedures for wire transfers:
1. Taxpayers who, due to circumstances beyond their reasonable control, are unable to initiate a timely payment of tax through the ACH Debit method may request the Department's permission to transmit payments of tax to the State Treasurer's account via wire transfer. Prior to initiating the transmission, the taxpayer must contact the Department. The taxpayer must present the emergency situation that prevents timely compliance under the ACH Debit method and request approval to wire the tax payments in question to the State Treasury.2. Taxpayers who are granted approval to use wire transfer as an exception to the ACH Debit method will be given specific instructions regarding the payment information that must accompany the wire transfer.3. Wire transfers that are not received by the State Treasury on or before the due date will constitute late payment and the applicable late filing penalty, interest, and loss of taxpayer discount will apply.4. As the originator of an ACH transaction, the cost of each wire transfer will be paid by the taxpayer.35 Miss. Code. R. 1-04-210