What are the 502 DEP 2018 payment vouchers for? I chose direct debit for payments to come out of my checking account so what are these vouchers for?
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What are the 502 DEP 2018 payment vouchers for? I chose direct debit for payments to come out of my checking account so what are these vouchers for?

 
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Employee Tax Expert

What are the 502 DEP 2018 payment vouchers for? I chose direct debit for payments to come out of my checking account so what are these vouchers for?

You can disregard the estimated payment vouchers that printed automatically with your return if you choose to

If you are at risk for an underpayment penalty next year based on your 2017 information, then the program will automatically calculate estimated tax payments and prepare the estimated payment vouchers for you.

You are not required to make those payments.  However, if you did have a balance due and your income is reported on a W-2, then you might consider changing your withholdings for 2018 to reduce your tax liability.  

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