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Level 1
June 1, 2019
Question

What does it mean that i have an overpayment tax payment

  • June 1, 2019
  • 1 reply
  • 2 views
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1 reply

June 1, 2019

If you "overpaid" your taxes, that means your tax withholdings (usually paid through your employer during the year) were greater than your actual tax for the year (calculated now on your tax return). This would mean you're getting a refund, instead of having to pay taxes.