Here's how to edit the overpayment amount. I don't know what product you are using, so I've provided steps for both.
Online TurboTax:
- Log in and open your 2024 return, if not already open.
- Once the return is open, click on the Search icon at the top right (magnifying glass).
- In the search box enter this exact phrase: applied overpayment (without quotes) and then click the adjacent magnifying glass icon.
- Click on Jump to applied overpayment.
- Next screen: Estimates and Other Income Taxes Paid.
- Scroll down about 2/3 of the page to 2023 Refund Applied to 2024 and expand that section. In the submenu choose the proper topic for type of payment (Federal, State, Local.)
NOTE: Before filing, make sure the corrected overpayment shows up correctly on your return.
These steps are for the desktop software:
- Federal Taxes tab (Personal tab in Home and Business)
- Subtab Deductions & Credits.
- "I'll choose what I work on."
- Your 2024 Deductions & Credits summary page.
- Scroll down to the topic "Estimates and Other Taxes Paid"
- Choose subtopic "Other income taxes" and Start (or update.)
- On the Other Income Taxes screen scroll down to the topic "2023 Refund Applied to 2024."
- Choose the type of overpayment and click Start (or update.)
- Make sure the corrected amount shows up on your Form 1040 before filing.
