U.S. Tax Portals

Vendors / Bank of America

Bank of America

Every federal system and contract action on this site that names Bank of America. Figures are as stated in each source; follow the federal link for the full record.

Every fact links to its source and carries a label: Public record Vendor claim Press / secondary

Federal systems 1

SystemAgencyProductCost
Past EFTPS (Electronic Federal Tax Payment System)Bureau of the Fiscal ServiceBank-operated tax collection service run under a Treasury financial agency agreement (not a procurement contract)$204.9M in financial agent compensation, FY2025

Federal contract actions 6

DateSystemActionAmountSource
Sep 30, 2020EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2020$153,760,425source Public record
Sep 30, 2021EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2021$151,075,346source Public record
Sep 30, 2022EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2022$158,287,268source Public record
Sep 30, 2023EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2023$165,959,270source Public record
Sep 30, 2024EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2024 (Bank of America $185,801,840; PNC $2,187,684)$187,989,524source Public record
Sep 30, 2025EFTPS (Electronic Federal Tax Payment System)Financial agent compensation for EFTPS, FY2025 (PNC $195,390,849; Bank of America $9,543,751)$204,934,600source Public record

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