Solved: On sch 5 line 66, my 2017 ovrpmt and my 2018 est pmt are being combined. are these being processed properly timeline wise?
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On sch 5 line 66, my 2017 ovrpmt and my 2018 est pmt are being combined. are these being processed properly timeline wise?

 
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On sch 5 line 66, my 2017 ovrpmt and my 2018 est pmt are being combined. are these being processed properly timeline wise?

Yes, they are combined for total purposes but are applied on a different timeline - see an excerpt from IRS "Any overpayment from your 2017 return applied to your 2018 estimated tax payments. Generally, treat the payment as made on April 17, 2018"

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Level 7

On sch 5 line 66, my 2017 ovrpmt and my 2018 est pmt are being combined. are these being processed properly timeline wise?

Yes, they are combined for total purposes but are applied on a different timeline - see an excerpt from IRS "Any overpayment from your 2017 return applied to your 2018 estimated tax payments. Generally, treat the payment as made on April 17, 2018"

View solution in original post

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