Question
what the heck are the 2009 form 1040-ES payment vouchers for on Turbotax? I have to pay the 1040-V?
I got a form for one lump sum amount as a payment voucher to send into the IRS, but then I have about (4) 1040-ES forms too with different dates due on each form. The 4 vouchers say 2009 1040-ES on them, but the one for this year 1040-V payment voucher (lump sum amount) says 2008. I am confused! Are the 2009 vouchers obsolete if paying in a lump sum on the 1040-V for 2008?
9 months ago - 2 answers
Best Answer
Chosen by Asker
The 1040-V is for 2008 tax that you owe. The -ES forms are for payment of quarterly estimated tax for your 2009 income if you expect to make about the same amount as you did in 2008.
by Judy
9 months ago
Asker's Rating: 
Other Answers
Since you owe for 2008, TurboTax is assuming that you will owe the same amount on your 2009 return next year and so it kicked out the 1040-ES vouchers. If you are going to have your withholdings adjusted so that you won't owe next year, you can discard the 1040-EX vouchers.
by bostonianinmo- 9 months ago