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klaichy
New Member

I elected in Turbo Tax to have my checking account debited to pay my taxes. I even selected the date in April. When I printed my return, Turbo Tax made 4 vouchers. Why?

I believe that Turbo Tax made an error but cannot call or verify how my tax payment is to be made.
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xmasbaby0
Level 15

I elected in Turbo Tax to have my checking account debited to pay my taxes. I even selected the date in April. When I printed my return, Turbo Tax made 4 vouchers. Why?

Look closer at those vouchers.  Do they have "ES" on them?  Those are for paying quarterly estimated tax for 2018.  You can pay quarterly if you want to, to avoid a big tax bill next year, or to avoid getting an underpayment penalty.

**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.**

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2 Replies
xmasbaby0
Level 15

I elected in Turbo Tax to have my checking account debited to pay my taxes. I even selected the date in April. When I printed my return, Turbo Tax made 4 vouchers. Why?

Look closer at those vouchers.  Do they have "ES" on them?  Those are for paying quarterly estimated tax for 2018.  You can pay quarterly if you want to, to avoid a big tax bill next year, or to avoid getting an underpayment penalty.

**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.**
VolvoGirl
Level 15

I elected in Turbo Tax to have my checking account debited to pay my taxes. I even selected the date in April. When I printed my return, Turbo Tax made 4 vouchers. Why?

They are optional to pay.  They are not for your current tax due.
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