JulieS
Expert Alumni

Get your taxes done using TurboTax

No, you should enter the amount as 2020 refund applied to 2021 instead. It goes to a different line on your tax return and may affect your underpayment penalty if you have one. 

 

This is how to find that:

  1. Select Federal from the left side menu.
  2. Select Deductions and Credits toward the upper left. 
  3. Scroll down to Estimates and Other Taxes Paid.
  4. Expand the section, click Start/ Revisit to the right of Income Taxes Paid.
  5. About half way down the list find 2020 refund applied to 2021 federal taxes, click Start to the right. 
  6. Enter your amount here and click Continue. 
     
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