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chuck-chuck
Returning Member

I filled out a 9465 payment plan - but as I was about to finish - TurboTax also requested a 1040-v? Why do I need to fill out a 1040-v?

I've never owed so much that I had to pay in a payment plan . . . I figure my steps are: 1) file and 2) set up a payment plan . . . I did that - but why does it ask for a 1040-v???   Assuming I do things correctly can I still use the IRS web site to manage my payments?
4 Replies
KrisD15
Expert Alumni

I filled out a 9465 payment plan - but as I was about to finish - TurboTax also requested a 1040-v? Why do I need to fill out a 1040-v?

Yes

You may pay online. 

A voucher is simply a payment option. 

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chuck-chuck
Returning Member

I filled out a 9465 payment plan - but as I was about to finish - TurboTax also requested a 1040-v? Why do I need to fill out a 1040-v?

But . . . WHY does it ask me for both?  Should I ignore that fact?  It doesn't make sense that it asked that - which is why I am asking this question. 

MarilynG
Expert Alumni

I filled out a 9465 payment plan - but as I was about to finish - TurboTax also requested a 1040-v? Why do I need to fill out a 1040-v?

TurboTax always prints a Payment Voucher when you owe tax.   If you have requested a payment plan from the IRS, ignore the 1040-V.

 

You will get a letter from the IRS approving your Payment Plan.

 

Here's more info about the IRS Payment Plan.

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chuck-chuck
Returning Member

I filled out a 9465 payment plan - but as I was about to finish - TurboTax also requested a 1040-v? Why do I need to fill out a 1040-v?

SO . . . while I appreciate the reply, it is a tad late . . . I had to finish my taxes and so I already mailed the voucher with a check for a payment.   I assume that it will be applied to my tax debt; and then I assume the IRS will send me a letter . . . perhaps I assume too much.

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