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tcinefro
New Member

I selected paying tax in one lump sum and provided my bank account info to direct debit the payment. When I print out my tax form it shows 4 payment vouchers, not 1, why?

How do I view Part V of the Federal information worksheet?
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2 Replies

I selected paying tax in one lump sum and provided my bank account info to direct debit the payment. When I print out my tax form it shows 4 payment vouchers, not 1, why?

The four Form 1099-ES you received are only used to pay estimated 2021 taxes.  They are optional and you do not have to use them.  They are not reported to the IRS unless you use them to pay estimated taxes and mail the form to the IRS.

 

For the Federal Information Worksheet -

 

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/

 

When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state. 

This will take you back to the 2020 online tax return.

Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets

I selected paying tax in one lump sum and provided my bank account info to direct debit the payment. When I print out my tax form it shows 4 payment vouchers, not 1, why?

The 4 1040ES vouchers are for Pre-Paying your 2021 taxes  (not paying what you owe for 2020) ...so you don't come up short next year.  You can ignore them if you are taking other actions to reduce your potential Balance Due for the 2021 taxes you will file in 2022.

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To see the Info Wksheet , that has the details of your direct debit setting, you have to go to the left-side Print Center to print out a copy of your tax return...but make one of the selections to include ALLL the worksheets.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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