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ProSeries prints 1040-V when automatic withdrawal is selected

gabletax
Level 4

Haven't had this happen before. Have EFW selected and date, etc., filled in. ProSeries is printing a 1040-V anyway. In addition, the client letter shows both sets of payment instructions for the full amount of the balance due.

1) That it will be automatically withdrawn and

2) Instructions for filing the 1040-V voucher.

What am I doing wrong here that it's giving both payment methods for the same balance due?client ltr.jpeg

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1 Best Answer

Accepted Solutions
IRonMaN
Level 15

I think Intuit made an "oops" with an update.  Someone posted the same issue a week or two ago.


Slava Ukraini!

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9 Comments 9
IRonMaN
Level 15

I think Intuit made an "oops" with an update.  Someone posted the same issue a week or two ago.


Slava Ukraini!
gabletax
Level 4

Two months later and still not fixed.

IRonMaN
Level 15

I wouldn't bet a lot of money that it will be fixed at this point.


Slava Ukraini!
PATAX
Level 15

I would bet a lot of money that two months from now it still won't be fixed.

Toggle the 4868 form and e-file payment check box's and see if the 1040-V goes away.

Golfer
Level 1

To fix that problem go to the information worksheet Part IX and uncheck the second box which allows the extension dollars to be withdrawn from the bank account.  That will fix that problem.

gabletax
Level 4

You're right! It fixed the problem! Thank you!

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gabletax
Level 4

Thank you, Samuel! I tried Golfer's suggestion first and it worked. I think maybe your suggestion is saying the same thing in different words, so it likely works as well. thanks again!

GinaCPA
Level 2

So although unchecking the extension direct debit will fix the letters, it is not a good practice to do so. I found the program does not save the 4868 direct withdrawal info that was originally submitted when you uncheck that box. If you do uncheck them print the correct letters be sure to recheck the box to ensure you have the original form of payment that was submitted with the extension saved in the program. I have found so many program glitches and Proseries has yet to fix. The fact the program updates for extension filing and acceptance should not affect the balance due when filing the final return. PROSERIES JUST FIX IT ALREADY!!