2023 BALANCE MADE WITH 1040ES VOUCHER ACCIDENTALLY

Forum|Forum|1 year ago
June 10, 2024
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I ACCIDENTALLY PAID MY 2023 BALANCE (PARTIAL) USING A 1040ES VOUCER. THIS IS THE 1ST TIME IVE EVER HAD A 1099 AND QUITE HONESTLY I WILL NOT DO THIS EVER AGAIN. WILL IRS BE ABLE TO TRANSFER MY ESTIMATED PAYMENT TO THE BALANCE I OWE FOR 2023. IM SO SCARED BECAUSE I HAVE NO MONEY. I HAVENT EATEN IN DAYS JUST THINKING OF THIS.

Not A Product Question

Best answer by xmasbaby0

If IRS has a policy for this, I don't know what it is.

You can call them.

Meanwhile if you sent in 1 /4 of amount you owe,

in best case, that still leaves at least 3/4 due now.

Write"For 2023 Form 1040" on your check or pay at the IRS payment page.

@rebekahlpz

To call the IRS:IRS: 800-829-1040 hours 7 AM - 7 PM local time Mon-Fri

Listen to each menu before making the selection.

First choose your language. Press 1 for English.

Then do NOT choose the first choice re: "Refund", or it will send you to an automated phone line.

Instead, press 2 for "personal income tax".

Then press 1 for "form, tax history, or payment".

Then press 3 "for all other questions."

Then press 2 "for all other questions." It should then transfer you to an agent.

fanfare

Employee

did you double check that the amount payable was the "amount you owe" on Form 1040?

Evidently not.

Or did you think the vouchers let you split your 2023 tax still owed into installments.?

DId you write "For 2023 Form 1040" on your check, as per the Instructions?

If so, this might save you.

@rebekahlpz

rebekahlpzAuthor

When I printed my tx return from Turbo Tax 4 vouchers printed equaling to the amount I owed for 2024. Then, 1 printed for the full amount. I thought it was a choice of whether I use the 4 vouchers for the pmnt plan or pay in full.
I’ve never owed money b4z. This is the 1st time filing with 1099 and having to owe. Frankly now it’ll be my last. Yes I’m very scared and mentally not feeling good about this.