I filed my taxes. I indicated I wanted the money drafted from my account but 4 quarterly forms printed. Can you clarify which method of payment will be utilized?

kdecorte — Thu, 06 Jun 2019 09:41:22 GMT

I don't want to over pay but I also don't want to be penalized.

When you indicated that you wanted the tax liability draf...

ChrisV — Thu, 06 Jun 2019 09:41:24 GMT

When you indicated that you wanted the tax liability drafted from your bank account, that was to cover the 2016 tax liability and that should automatically be transferred assuming that your return is accepted.

The 4 quarterly payment vouchers are likely to pay your expected 2017 taxes. You can confirm this by looking for "2017 1040-ES" on those forms. If they are indeed for 2017, the IRS is recommending you pay quarterly as you may not have withheld enough in 2016.

topic I filed my taxes. I indicated I wanted the money drafted from my account but 4 quarterly forms printed. Can you clarify which method of payment will be utilized? in Get your taxes done using TurboTax

I filed my taxes. I indicated I wanted the money drafted from my account but 4 quarterly forms printed. Can you clarify which method of payment will be utilized?

When you indicated that you wanted the tax liability draf...