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Terry2099
New Member

Partial payment through turbotax

Did I just mess up? Finished taxes on 4/15 and entered all direct withdrawal information for my bank. I owe a lot this year, so in turbotax I specified 20K now and the rest over the next 6 months. I realized at the time that I'd have to go to IRS site to set that up once they received partial payment, however, reading some things here is the IRS going to try to withdraw ALL of what I owe now even though I only entered 20K in turbotax? and why did turbotax take me to pdf to print out 1040V form to mail?  Any insight would be helpful. Thanks. 

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1 Reply
CatinaT1
Employee Tax Expert

Partial payment through turbotax

Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about your payment.

 

If you want to check the debit date you specified, look on the filing instructions for your return.  It will tell you the debit date the IRS or State will deduct the payment.  If you did not print them out you can view them using the following steps: 

 
TurboTax Online 

  1. In TurboTax Online, sign into your account.
  2. You should be on your Tax Home page.
  3. Scroll down to Your tax returns & documents.
  4. Select 2024, and then select Add a State (you're not actually adding a state, this just gets you into the right menu).
  5. Once you're in your return, you can navigate around as usual.
  6. Click Tax Tools (in the black bar on the left of your screen) and then click select Print Center.
  7. Click Print, save or preview this year's return

TurboTax CD/Download 

  1. Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.  
  2. In the Forms in My Return list on the left, click Filing Inst.  [It's usually toward the bottom of the list.]  The form will appear on the right side of the screen.
  3. You can view the form on the screen or you can print a copy by clicking the Print box at the bottom of the screen.
  4. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.

 

IRS Individual Online Account  

Taxpayers with a Social Security number or an Individual Taxpayer Identification Number can create or access their IRS Individual Online Account to get information they need to file their return.

  • With an IRS Individual Online Account, people can:
  • View balance owed, payment history and schedule payments.
  • Cancel scheduled payments.
  • Get transcripts.
  • View or create payment plans.
  • See digital copies of some IRS notices.
  • View key data from their most recently filed tax return, including adjusted gross income.
  • Validate bank accounts and save multiple accounts, eliminating the need to re-enter bank account information every time they make a payment.
  • View, approve and electronically sign power of attorney and tax information authorizations from their tax professional. 
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