Fix Payment Voucher For Free

Form 1040-V: Payment Voucher is a statement that taxpayers send to the Internal Revenue Service (IRS) along with their tax return if they choose to make a payment with a check or money order. The IRS has different filing centers that taxpayers can send their payments and 1040-V forms depending on where they live.

If you're due a refund, the IRS will send it to you after it accepts your amended return. If you owe tax, send the amount owed to the IRS along with the 1040X tax form.

120-Day IRS Payment Extension The IRS has an official 120-day payment agreement. As long as you owe less than $100k in combined tax, interest, and penalties, you can apply for this online. Use the Online Payment Agreement application?it's the same application you use to apply for an installment plan.

The Payment Voucher Complete and send in the voucher only if a payment is due. We will figure the interest due and send you a bill. To complete your voucher: ? Print or type your name, address, and social security number in the space provided on the voucher.

But you would only have to file a Form 1040-V if you're sending a check or money order to the IRS to pay your income tax bill. If you choose to pay your bill electronically or with cash, you will not need to complete this form.

Form 1040-V is a statement you send with your check or money order for any balance due on the ?Amount you owe? line of your Form 1040 or 1040-NR.

If you owe money as a result of the correction, you should include a check or money order with your 1040-X submission. You can pay the balance you owe online, using Direct Pay or the Electronic Federal Tax Payment System (EFTPS). If you can't pay right now, file the amended return and apply for an IRS Installment Plan.