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l1gold
New Member

how do I cancel my 1040 ES payments

 
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6 Replies

how do I cancel my 1040 ES payments

@l1gold - there is nothing to cancel.  Just because TT generated the 1040 ES vouchers, you are under no obligation to pay them.

how do I cancel my 1040 ES payments

Nothing went to the IRS regarding those 1040ES vouchers.  They are optional.   They can be used to help you avoid a big tax bill and/or an underpayment penalty at tax time next year, but you are not required to use them.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
l1gold
New Member

how do I cancel my 1040 ES payments

I have scheduled on line 1040- ES payments, three, in error putting ,2024 tax year.  I tried to cancel and do over again use tax year 2025 but, say it can't be changed. Any suggestions?

how do I cancel my 1040 ES payments

"I have scheduled on line 1040- ES payments"

 

depending on the online system you used, you can edit or cancel  the scheduled payment.

@l1gold 

 

 

how do I cancel my 1040 ES payments

@l1gold 

 

1) what date did you request the payments be transacted? did it debit your bank account? 

 

you should have received an emailed receipt with the transaction number from the IRS website.  If not it will be emailed to you a few days before the requested transaction date.  That email will provide instructions, using that transaction number, to cancel the expected transaction. 

 

click the "lookup payment" button at this website... does that solve the problem? 

 

https://www.irs.gov/payments/pay-personal-taxes-from-your-bank-account

how do I cancel my 1040 ES payments

Call the IRS at [phone number removed] to cancel the 1040ES ACH Debit payments.  You will need to know the dates and amounts that you had previously set up.

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