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Solved

Why do i have payment vouchers but show a federal tax return

Forum|Forum|5 years ago
March 8, 2021
1 reply
31 views

voucher shows amount to pay but tax return is indicated by turbo tax

TurboTax Deluxe Online

Best answer by AnnetteB6

Estimated payment vouchers are printed with your return when you have a balance due or a situation where TurboTax thinks it would be to your benefit to make the estimated payments throughout the year. These estimated payment vouchers are not included when your return is filed, and you are not required to make the payments.

Even though you are getting a refund for your 2020 tax return, the refund may be based on a refundable credit instead of having taxes withheld. TurboTax took that into account and determined that it may be beneficial for you to make estimated payments for your 2021 tax return.

Employee Tax Expert

Answer

Employee Tax Expert

Estimated payment vouchers are printed with your return when you have a balance due or a situation where TurboTax thinks it would be to your benefit to make the estimated payments throughout the year. These estimated payment vouchers are not included when your return is filed, and you are not required to make the payments.

Even though you are getting a refund for your 2020 tax return, the refund may be based on a refundable credit instead of having taxes withheld. TurboTax took that into account and determined that it may be beneficial for you to make estimated payments for your 2021 tax return.

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