Form 1040‑V, Payment Voucher, is an Internal Revenue Service (IRS) form used to submit a tax payment by mail when a taxpayer owes federal income tax and is filing Form 1040 or 1040‑SR.
The voucher helps the IRS correctly apply a check or money order to the taxpayer’s account.
What Form 1040‑V Is Used For
Form 1040‑V is used only when mailing a payment to the IRS. It is not required when paying electronically.
Common situations where Form 1040‑V is used include:
- The taxpayer owes money on their federal return
- The taxpayer chooses to pay by check or money order
- The taxpayer is not paying electronically (e‑pay, Direct Pay, EFTPS, or credit/debit card)
When Form 1040‑V Is Not Needed
Form 1040‑V is not required if:
- The taxpayer does not owe tax
- The taxpayer is receiving a refund
- The taxpayer pays using:
- IRS Direct Pay
- Electronic Funds Withdrawal (EFW)
- Credit or debit card (IRS website)
What Information Is Included on Form 1040‑V
Form 1040‑V includes:
- Taxpayer name(s)
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
- Mailing address
- Amount paid
- Tax year
- Filing status
This information ensures the payment is properly credited to the correct tax return and tax year.
How to Use Form 1040‑V
- Complete Form 1040 or 1040‑SR and determine the total tax due.
- Find Form 1040-V in the PDF of the accepted return
- Complete Form 1040-V if required
- Mail the payment and voucher (do not staple the payment to the voucher)
- Mail to the IRS address listed in the Form 1040‑V instructions (varies by state)
Important Notes & Limitations
- Sending Form 1040‑V without a payment serves no purpose.
- Mailing a payment can be slower than electronic methods; taxpayers are responsible for ensuring payments are postmarked by the due date.
- Penalties and interest may apply if the payment is late or insufficient.