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Level 1

Owe the IRS, Form 1040-V Payment Voucher

I owe money this year, and I chose to use direct withdrawal from my bank account and set up a payment schedule when prompted by TurboTax. Then, at the end of the filing process I was told to print the 1040-V Payment Voucher and send that in the the IRS with my check. Should I send a check or wait for them to take the money out of my bank account? Definitely don't want to do both at the same time. Thanks!
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Employee Tax Expert

Owe the IRS, Form 1040-V Payment Voucher

You may disregard the 1040-V voucher if you chose direct debit from your bank account. To verify if you selected direct debit:

  • Sign into your account 
  • Select Taxes
  • My Tax Timeline
  • Scroll down to Some things You can Do
  • Select Download all forms and worksheets
  • Open the pdf file, and scroll for the Federal Information Worksheet. Part V contains the Direct Deposit/Debit info.

If you did not specify a date for a direct debit for your taxes, then the default date is the due date of your return.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"
1 Reply
Highlighted
Employee Tax Expert

Owe the IRS, Form 1040-V Payment Voucher

You may disregard the 1040-V voucher if you chose direct debit from your bank account. To verify if you selected direct debit:

  • Sign into your account 
  • Select Taxes
  • My Tax Timeline
  • Scroll down to Some things You can Do
  • Select Download all forms and worksheets
  • Open the pdf file, and scroll for the Federal Information Worksheet. Part V contains the Direct Deposit/Debit info.

If you did not specify a date for a direct debit for your taxes, then the default date is the due date of your return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"