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Level 2
March 23, 2021
Solved

Why would there be a pay voucher generated if there is a refund due?

  • March 23, 2021
  • 1 reply
  • 0 views
1040 shows refund due, but TTax generated a pay voucher
Best answer by DoninGA

A Form 1040-V is a payment voucher for paying the 2020 federal taxes owed.

A Form 1040-ES is for paying estimated 2021 taxes.  Those are optional and do not have to be used.

1 reply

DoninGA
Level 15
DoninGALevel 15Answer
Level 15
March 23, 2021

A Form 1040-V is a payment voucher for paying the 2020 federal taxes owed.

A Form 1040-ES is for paying estimated 2021 taxes.  Those are optional and do not have to be used.

Level 2
March 23, 2021

Excellent! Thank you - that was fast - I appreciate your help and clarification.