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rayyano73
New Member

I filed my tax return with bank debit option to pay my taxes however when I print my taxes I get vouchers of payment to be mailed to IRS , why ?

 
2 Replies

I filed my tax return with bank debit option to pay my taxes however when I print my taxes I get vouchers of payment to be mailed to IRS , why ?

if the voucher says 1040-ES (there could be 4 of them)  that means that TurboTax, based on what you entered for 2020, has computed that you need to pay estimated taxes to avoid underpayment penalties in 2021.

 

rayyano73
New Member

I filed my tax return with bank debit option to pay my taxes however when I print my taxes I get vouchers of payment to be mailed to IRS , why ?

Thanks tor the reply  yes it has 1040-es 4 vouchers as you said so does this mean that i have to pat my taxes by mailed checks  and that it wont get deducted directly from my bank, i dont want to mail the checks then get  debited from my bank ( double ) , im still confused why this was not deducted from my bank account directly    

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