How to report "Balance Due" amount paid through IRS direct pay, when paper filing (ITIN application)?

[sam1709]

Hi,

Looking for some expert advice as I couldn't find a directly related answer on the forum yet.

1. I am filing return as resident alien this year (last year was first time and non-resident).

2. I have prepared my tax returns through Turbo Tax and it shows me some Tax Due for both Federal (say $1000) and State California (say $500).

3. My kids don't have ITIN, so I am going to apply for it this year along with the returns (hence paper filing). I have put dummy ITIN ([removed]) in the form and plan to edit it to "APPLIED" after printing the forms as suggested in the forum.

4. I want to pay the Tax Due amount online but file a paper return.

5. As I understand, it is possible to use the IRS direct Pay option (Reason for Payment - Balance Due). Similar web portal exists for California Franchise Tax Board as well.

6. My question is: once I pay $1000 through IRS direct Pay and $500 California FTB web portals, how do I update the same in Turbo tax?

7. My current thought is to use below section for the same.

Federal taxes -> Deductions and Credits -> Estimates and other taxes paid -> Estimates -> Federal Estimated Taxes for 2023 (Form 1040ES) -> Additional Payments -> $1000

Federal taxes -> Deductions and Credits -> Estimates and other taxes paid -> Estimates -> State Estimated Taxes for 2023 -> Additional Payments -> $500

8. However, I am not sure if this is correct as this section seems to be applicable for Estimated Quarterly payments (1040ES).

9. Is there any other way to update the taxes paid through online portals on TurboTax so that Federal and State Tax Due is shown as 0?

10. I want to avoid generating "Form 1040-V Payment Voucher" as I intend to pay the taxes online.

Please suggest.

[xmasbaby0 · Accepted solution]

Online TurboTax never updates to show that you paid your tax due.   Your online account only displays the results of the tax return that you prepare using the software --so it will always just show the tax due.   Your own bank and credit card records are your proof that you paid your tax due.   

You can tell the software that you will pay by check and then you can simply pay your tax due by whatever method you choose to use.   Not sure why you want to avoid the 1040V--you do not have to do anything with it if you pay using the IRS online payment site.  Just ignore it.

If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2024.

 If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website. 

https://www.irs.gov/payments

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-mone... 

To apply for a payment plan with the IRS

Apply Online for a Payment Plan

You must pay your state tax due using the state’s preferred method of receiving payment.  For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.

https://ttlc.intuit.com/questions/1900884-what-are-my-options-for-getting-my-state-refund-or-for-pay...

https://ttlc.intuit.com/questions/1901670-how-do-i-contact-my-state-department-of-revenue

[sam1709]

Thanks a lot. Everything you said makes sense.

I have taken an appointment at local IRS office next week for ITIN application. 

I don't want to go to the bank to get a cashier's check. Hence trying to figure out if it's OK to pay the tax due online, otherwise 

I was hoping that there would be a way to import the tax paid receipt to TurboTax (I am using Windows Desktop version)  but seems that's not the case. So I guess I'll just pay the taxes online and ignore the generated 1040V.

Thanks again for the quick and to-the-point answer.