I agreed to pay back $100/month, but the voucher says I owe $1,300/month. Why is this different?

jhussar · ‎June 3, 2019

Vanessa · ‎June 3, 2019

These are estimated payment vouchers for 2019. This has nothing to do with your payment plan. These are the quarterly payments TurboTax is estimating you need to make in order to not owe next year and not have to pay a penalty.

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Vanessa · ‎June 3, 2019

Sure it is per month? What voucher? Where did it come from?

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jhussar · ‎June 3, 2019

It is giving me four vouchers with $1,300 per month. The voucher was with my tax forms when I printed them.

Vanessa · ‎June 3, 2019

Is it a 1040 ES voucher with 4 of them?

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jhussar · ‎June 3, 2019

Yes

Vanessa · ‎June 3, 2019

These are estimated payment vouchers for 2019. This has nothing to do with your payment plan. These are the quarterly payments TurboTax is estimating you need to make in order to not owe next year and not have to pay a penalty.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I agreed to pay back $100/month, but the voucher says I owe $1,300/month. Why is this different?