IRS Form 1040-V walkthrough (Payment Voucher)

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  • Опубліковано 26 чер 2024
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КОМЕНТАРІ • 3

  • @yearegods8llc742
    @yearegods8llc742 24 дні тому +1

    Great easy 411 ....will recommend ur channel🎉🎉🎉🎉🎉

  • @Artospherical
    @Artospherical 11 днів тому

    If I have multiple money orders that total the whole amount, do I send in 1 voucher, or multiple vouchers with individual amounts on there?

    • @teachmepersonalfinance2169
      @teachmepersonalfinance2169  7 днів тому

      The IRS instructions don't address this directly.
      However, I'm inclined to say that you could enter the total amount on one voucher, because the instructions *do* say the following:
      The IRS can’t accept a single check (including a cashier’s check) for amounts of $100,000,000 ($100 million) or more. If you are sending $100 million or more by check, you will need to spread the payments over two or more checks, with each check made out for an amount less than $100 million.
      Since this is not actual guidance, I would urge you to double check with the IRS on this (I would, if this were my money). In any case, I would write the following information on *each* money order:
      Daytime phone number
      Your SSN or ITIN
      Tax form number (i.e. Form 1040) and tax year