1235078
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

2020 form 1040-ES payment voucher on tax return

I completed my taxes through turbotax last night and submitted with my bank account info to pay my remaining tax balance in full electronically. 

 

Today I went to print my returns and the first 4 pages of my return are all the same.  it's a little box at the bottom telling me to detach here and mail your payment.  rhe box states it is a 2020 Form 1040-ES payment voucher and their each labeled 1-4 with the IRS address in Louisville.  There is an amount listed that does not match what I am paying in taxes or the 4 added up do not match what I am paying electronically either.  the box next to the amount sates "amount of estimated tax you are paying by check or money order" 

 

This is something that I need to worry about?  I just wasnt expecting and the amount seems random and does not equal what I ow .    

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

2020 form 1040-ES payment voucher on tax return

Why did 1040-ES estimated tax vouchers print out? Do I need them?

TurboTax automatically includes four quarterly 1040-ES vouchers with your printout if you didn't withhold or pay enough tax this year. We do this to head off a possible underpayment penalty on next year's taxes.

 

You may get these vouchers if you're self-employed or had an uncharacteristic spike in your income this year. For example, you sold stock or took a large distribution from your retirement plan.

 

You're not required to make estimated tax payments; we're just suggesting it based on the info in your return. If you feel they're not needed for next year's taxes, you can shred them.

-------------------------

Do I need to make estimated tax payments to the IRS?

https://ttlc.intuit.com/community/tax-payments/help/do-i-need-to-make-estimated-tax-payments-to-the-...

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question