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Level 2
July 10, 2020
Question

Installment Agreement Request

  • July 10, 2020
  • 1 reply
  • 2 views

I have filled out a Installment Agreement Request to Initially Pay $1000.00 then $250.00 monthly.

However when I printed all my forms,  there are PAYMENT VOUCHERS to be mailed in with different amounts. (4 @ $613.00). What do I do?

    1 reply

    DoninGA
    Level 15
    Level 15
    July 10, 2020

    The Form 1040-ES are not payment vouchers.  The are for paying 2020 estimated taxes based on your tax data from 2019.  They are for your use only and totally optional.  

    The Form 1040-V is a payment voucher for the 2019 taxes owed on the 2019 tax return.  

    DonP1963Author
    Level 2
    July 10, 2020

    Thank You for the quick reply. One more question. I filled out for ACH withdrawals for ALL payments. However, a 1040-V printed with a amount, for initial first payment, do I have to mail that In?

    DoninGA
    Level 15
    Level 15
    July 10, 2020

    @DonP1963 wrote:

    Thank You for the quick reply. One more question. I filled out for ACH withdrawals for ALL payments. However, a 1040-V printed with a amount, for initial first payment, do I have to mail that In?


    If you applied for an ACH withdrawal for all payments, to include the initial payment, then you do not need to mail the Form 1040-V and payment with that form.