What Is Form 1041-V and Do You Have To Use It?

It is a statement you send with a check or money order for any balance due on line 28 (Tax due) of the estate’s or trust’s 2021 Form 1041. Using Form 1041-V allows us to process the payment more accurately and efficiently. We strongly encourage you to use Form 1041-V, but there is no penalty if you don’t.

You may choose to pay any balance due electronically.
If you do, you don’t need to send in Form 1041-V. For
more information about electronic payment options, go to www.irs.gov/E-Pay