Remittance Transfer Tax 2026 | Calculate and E-File IRS No. 155
19 Oct, 2026
Quantiva LLC 2591 Dallas Parkway, Suite 300 PMB 231, Frisco, Texas 75034Show Map
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Description
Do you run a money services business or act as a remittance agent? Since January 1, 2026, a 1% federal excise tax can apply to cash-funded transfers sent abroad. For example, a $500 cash transfer carries $5 in tax, and there is no minimum transfer amount. EasyFile720 calculates 1% of your taxable transfers, tracks semimonthly liability on Schedule A and e-files your Form 720 to the IRS.
Location
Quantiva LLC 2591 Dallas Parkway, Suite 300 PMB 231, Frisco, Texas 75034