Paying the tax due on a 1040 return in ProSeries
by Intuit•14• Updated 2 months ago
Form 1040-V may be used when there's a balance due on the taxpayer's individual tax return. Use of Form 1040-V, Payment Voucher, is recommended, but not required.
Mailing the Form 1040-V
- For paper-filed returns, include Form 1040-V loose in the same envelope used to mail the tax return.
- For e-filed returns not using electronic payment, Form 1040-V should be mailed—along with the payment—to the Internal Revenue Service Center address shown on the Form 1040-V.
Additional info:
- Don't staple the voucher or the payment to the Form 1040.
- Make the check or money order payable to the United States Treasury.
- Write the taxpayer's Social Security number (SSN) on the check or money order.
- ProSeries generates a special scannable version of Form 1040-V, which differs slightly from the blank Form 1040-V produced by the Internal Revenue Service.
Special instructions for residents of Guam or the Virgin Islands: Taxpayers who aren't permanent residents of Guam or the Virgin Islands should mail the voucher to the address shown at the bottom of Form 1040-V. Don't use Form 1040-V if the taxpayer is a permanent resident of Guam or the Virgin Islands.
How can a taxpayer pay the balance due with a debit or credit card?
According to the IRS Pay Your Taxes by Debit or Credit Card or Digital Wallet website, you can pay by debit or credit card whether you e-file, paper file or are responding to a bill or notice. It's safe and secure. The IRS uses standard service providers and commercial card networks.
Additional info:
- Your payment will be processed by a payment processor who will charge a processing fee, which may be tax deductible. The fees vary by service provider.
- Your information will only be used to process your payment.
- No part of the service fee goes to the IRS.
- The types of payments (individual or business) and limits on how many debit or credit card payments you can make in a year, quarter, or month, vary according to the type of tax you're paying.