Estimated Tax Vouchers

Table Of Contents


Article: 50259

Overview

refers to payments made on income not subject to withholding, such as self-employment earnings, interest, dividends, rental income, or alimony. Individuals who do not have taxes withheld from sources such as unemployment compensation or taxable Social Security benefits may be required to submit estimated tax payments using Form 1040-ES.

Form 1040-ES includes payment vouchers that can be mailed along with your estimated tax payments.

Estimated Tax Vouchers and Software Functionality

In some cases, estimated tax vouchers may be automatically generated as part of your return. This typically occurs if you owed taxes in the current year or previously indicated a desire to make estimated payments. These vouchers are provided as a convenience, offering a general estimate based on your most recent return.

It is important to note that use of these vouchers is not mandatory. You are free to disregard or modify them as needed. However, if they remain unused, they may still carry over into the following tax year’s return.

If you choose not to use the vouchers or plan to submit different payment amounts, please ensure that Form 1040-ES has not been inadvertently included in your final return prior to filing.

Further Information

See IRS: About Form 1040-ES for more information.

Tags
state tax form tax credit tax deduction dependent health insurance refund irs form schedule k1 estimated tax tax return