Form 1040-V, Payment Voucher is a form your client may send with a check or money order when paying the balance due showing on the "Amount you owe" line of Form 1040, 1040-SR, or 1040-NR.
Form 1040-V is not used with Form 1040-X.
Using Form 1040-V allows for more accurate and efficient payment processing. TaxSlayer Pro prints the form with the balance due pre-filled, but the taxpayer can change the amount if they wish to pay more or less. Keep in mind that to avoid interest and penalty, the full balance due must be paid by the return due date.
You can also configure the program to always print Form 1040-V balance due returns. Note that if this setting has been configured, the form will print with any balance due return, even if the taxpayer may not be paying by check.
Changing the amount on Form 1040-V in a return
Form 1040-V prints with the balance due pre-filled, but if you'd like it to print the form with a different amount, from the Main Menu of the tax return select:
- Payments, Estimates & EIC
- Payment Voucher - Enter the amount you'd like printed on the voucher.
Configuring when to include Form 1040-V
TaxSlayer Pro includes several settings that control if and when to print Form 1040-V.
From the Quick Menu of TaxSlayer Pro select:
- Configuration
- Printer / Copies Setup
- Advanced Print Setup
- Create Form 1040-V on a Balance Due Return - Three options are available:
1. Print with Amount Due on 1040V
2. Print with Blank Amount on 1040V
3. Do not Print 1040V
| If the taxpayer lives in... | then use this address... |
|---|---|
| Arkansas, Connecticut, Delaware, District of Columbia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, New Hampshire, New Jersey, New York, Oklahoma, Rhode Island, Vermont, Virginia, West Virginia, Wisconsin | Internal Revenue Service PO Box 931000 Louisville, KY 40293-1000 |
| Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas | Internal Revenue Service PO Box 1214 Charlotte, NC 28201-1214 |
| Alaska, Arizona, California, Colorado, Hawaii, Idaho, Kansas, Michigan, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Utah, Washington, Wyoming | Internal Revenue Service PO Box 802501 Cincinnati, OH 45280-2501 |
| If the taxpayer... | then use this address... |
|---|---|
|
Internal Revenue Service PO Box 1303 Charlotte, NC 28201-1303 |
NOTE: Permanent residents of Guam or the Virgin Islands should not use Form 1040-V.