Form 1040-V

IRS Form 1040-V, also called the “Payment Voucher,” is a document used by taxpayers to submit payments for any balance due on their federal income tax returns. Specifically, it accompanies payments for amounts owed on the “Amount you owe” line of Forms 1040, 1040-SR, or 1040-NR. The form ensures that your payment is properly credited to your account by the IRS. While electronic payment options are available and encouraged for convenience and security, Form 1040-V is essential if you choose to pay by check or money order.

This form simplifies the process of matching your payment to your tax return by including critical details such as your Social Security Number (SSN), payment amount, and contact information. It’s important to note that using Form 1040-V does not extend the time you have to file your tax return or pay any taxes due. If you owe taxes, submitting this form with your payment ensures accurate processing by the IRS.

How to File Form 1040-V?

Filing IRS Form 1040-V is straightforward. Follow these steps:

1. Complete Your Tax Return: Before using Form 1040-V, ensure that you’ve completed your tax return for the year (Form 1040, 1040-SR, or 1040-NR) and calculated any balance due.
2. Prepare Your Payment: Write a check or money order payable to “United States Treasury.” Include your name, address, daytime phone number, and SSN (or ITIN) on the check or money order. Also, write “2024 Form 1040,” “2024 Form 1040-SR,” or “2024 Form 1040-NR” as applicable.
3. Fill Out Form 1040-V: Enter your details on the form (see line-by-line instructions below).
4. Assemble Your Documents: Do not staple or attach Form 1040-V to your check or tax return. Place them loose in an envelope.
5. Mail Your Payment and Voucher: Send the completed Form 1040-V along with your payment and tax return to the appropriate IRS address based on your state of residence (refer to the mailing addresses in the official instructions).

How to Complete Form 1040-V?

Follow these step-by-step instructions to fill out IRS Form 1040-V accurately:

Line 1: Social Security Number (SSN)

• Enter your SSN as shown on your tax return.
• If filing jointly, enter the SSN of the primary taxpayer listed first on your return.

Line 2: Secondary SSN

• If you are filing a joint return, enter the SSN of the secondary taxpayer listed second on your return.
• Leave this field blank if filing as an individual.

Line 3: Payment Amount

• Write the exact amount you are paying by check or money order in U.S. dollars and cents.
• Ensure this matches the “Amount you owe” line from your tax return.

Line 4: Name(s) and Address

• Enter your name(s) exactly as shown on your tax return.
• Provide your full mailing address clearly and legibly.

Preparing Your Payment

To ensure smooth processing of your payment:

• Make checks or money orders payable to “United States Treasury.”
• Include your name, address, daytime phone number, and SSN (or ITIN) on the check/money order.
• Write “2024 Form 1040,” “2024 Form 1040-SR,” or “2024 Form 1040-NR” as applicable.
• Enter the payment amount clearly on the right-hand side of your check (e.g., $XXX.XX). Avoid using dashes or fractions.

Important: The IRS cannot accept a single check exceeding $100 million. For payments over this amount, split them into multiple checks under $100 million each.

Where to Mail IRS Form 1040-V?

The mailing address depends on where you live. Use these guidelines: