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April 15, 2020
Question

Why is my return showing payments throughout this and next year as vouchers to be paid by checkmor

  • April 15, 2020
  • 1 reply
  • 0 views
Or money order?

1 reply

VolvoGirl
Employee
April 15, 2020

Those are probably the 1040ES slips?

 

The 1040ES are for next year. The 1040ES quarterly estimated tax payments DO NOT get sent to the IRS or state with your return. They are optional to pay. Turbo Tax is very conservative and doesn't want you to owe too much next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution. You can ignore them. You might want to adjust your withholding at work so you won't owe too much next year.