Tax Action Packet and Filing Instructions

What is the Tax Action Packet?

Your Action Packet is a group of documents that includes everything requiring action from you and is particularly useful for those that want to mail their estimated payments or payment vouchers for any tax owed. Click on the Action Packet document to view your Storen Financial receipt and Federal/ State filing instructions (located in your Client Portal along with your tax return).

These filing instructions need to be completed in order to finalize your return. This document also includes information on how to pay your taxes digitally as well as information and documentation to mail if that is what you prefer. If you need to pay, you’ll see “AMOUNT DUE.” If you will receive a refund, you’ll see “REFUND.” The Action Packet document includes…

• Storen Financial Invoice
• Federal and State Filing Instructions
• 8879 Form – efile Signature Authorization (copy only)
• Forms required for Storen Financial to submit your tax return electronically (copy only)
• Payment Vouchers (if applicable)
• Quarterly Estimate Worksheet and Vouchers (if applicable)

Federal Filing Instructions

This section on your Action Packet recaps the results of your Federal return — whether you need to pay or if you will receive a refund. This will look like:

• Federal Filing Instructions
• YEAR Form 1040: REFUND/AMOUNT DUE of $
• Mailing Instructions if you do not want to pay online (only if you have an amount due).
• Direct Deposit: Account Information (only if you will be receiving a refund)
• We will electronically file your return.

How do I pay the federal taxes that I owe?

1. 1. Have the info from your previous year’s return handy to verify your identity.
   2. Click here to visit the IRS payment website. 
   3. Select “Direct Pay with bank account.”
   4. Select “Pay individual tax.”
   5. Select “Make a payment.” This will take you to an IRS page.
   6. Select “Reason for payment > balance due.”
   7. Select the option for “Apply payment to > Income Tax-1040.”
   8. Select “Tax Period for Payment: YEAR.”
   9. On this page, it will also ask you to verify your identity with your general information.
   10. Then, verify your identity using the previous year’s return information.
   11. Input your banking information.

*Note: When making a federal payment for a joint return, you must input the primary taxpayer’s Social Security number. If you do not do this, your primary taxpayer will still receive a notification to make a payment under their Social Security number.

State Filing Instructions

This section on your Action Packet recaps the results of your State return — whether you need to pay or if you will receive a refund. This will look like:

• State Filing Instructions
• YEAR Form 1040: REFUND/AMOUNT DUE of $
• Mailing Instructions if you do not want to pay online (only if you have an amount due).
• Direct Deposit: Account Information (only if you will be receiving a refund)
• We will electronically file your return.

How do I pay the state taxes that I owe (Indiana)?

1. 1. Have the info from your previous year’s return handy to verify your identity.
   2. Click here to visit Indiana’s payment website. 
   3. Please select “Make a payment” (In the middle of the page).
   4. Select “Non-bill payments.”
   5. Under this section, select “Bank payment (no fee).”
   6. Select “Individual.”
   7. Under ID type, select “SSN” and enter your personal info.
   8. Select “Payment type > return payment.”
   9. Input your banking information.

*Note: When making a state payment for a joint return, you must input the primary taxpayer’s Social Security number. If you do not do this, your primary taxpayer will still receive a notification to make a payment under their Social Security number.

 

If you have any other questions about this information, please contact our office (Click here for contact information).

 

Blog by Chelsea Brown – Tax Operations Director

Learn more about Chelsea and the rest of the Storen Financial team here.