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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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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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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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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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