About the Form 1040-V: Payment Voucher

By | March 9, 2014

What is Tax Form 1040-V and what is a payment voucher?

This form 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, Form 1040A, or Form 1040EZ. The IRS is modernizing its payment system. The Form 1040-V, “Payment Voucher,” is part of the modernization. If you have a balance due on your tax return, using the payment voucher will help the IRS process your payment more accurately and efficiently. You can make electronic payments online, by phone, or from a mobile device. Paying electronically is safe and secure. When you schedule your payment you will receive immediate confirmation from the IRS. Go to www.irs.gov/ payments to see all your electronic payment options.


Getting 1040-V Payment Voucher from IRS

You can get the form by calling the tax forms number, 1-800-829-3676. You can also pick one up at your local IRS office. Call them first, 1-800-829-1040, to make sure that the form is available and to check on hours of service.Send your payment voucher and payment to the lockbox address associated with the service center where your return was filed. If you have filed your return electronically, do not send a paper copy of your return with your payment


About the Form 1040-V: Payment Voucher

The Internal Revenue Service encourages the use of this form for accuracy purposes although it is not a mandatory requirement.Using Form 1040-V allows processing of the payment more accurate and efficient.  This form generates in the program pre-filled with the full balance due for this tax return, however this amount can be changed if the taxpayer elects to pay a lesser amount.  Keep in mind, to avoid late filing fees and penalties, the full balance due must be paid by the return due date.


How To Send In Your 2014 Tax Return,  Payment, and Form 1040-V

• Detach Form 1040-V along the dotted line.
• Do not staple or otherwise attach your payment or Form 1040-V to your return or to each other. Instead, just put them loose in the envelope.
• Mail your 2014 tax return, payment, and Form 1040-V to the address shown on the back that applies to you


How To Pay IRS Electronically

Pay Online Paying online is convenient, secure, and helps make sure we get your payments on time. You can pay using either of the following electronic payment methods. To pay your taxes online or for more information, go to www.irs.gov/ payments. Direct Pay Pay your taxes directly from your checking or savings account at no cost to you. You receive instant confirmation that your payment has been made, and you can schedule your payment up to 30 days in advance. Debit or Credit Card The IRS does not charge a fee for this service; the card processors do. The authorized card processors and their phone numbers are all on www.irs.gov/payments.