I was planning on using the refund to pay the federal as both offset. Let's assume I owe $30 to federal, am getting a $55 refund from NY and owe $15 to CT. So net, I am getting $10 back. I plan to e-file ideally all (first time filing an extension so apols if my question is basic).
Paying $45 to both federal and CT would require some action on my part - I don't have the full $45 (and it's not 45 but obviously thousands we're talking about).
All this for 1 new investment that provides K-1s in September...but that's a topic for a different day :(
