You’ve definitely been helpful. Just not sure it’s still correct since we received the credit in 2024, I still believe it’s supposed to be filed with the 2024 return.
I feel like I’m going in circles and not trying to be obstinate or obtuse.
the regular refund from overpayment is filed in the year of the refund for the tax year it is applied to. My 2023 state overpayment refund was paid/refunded in 2024 after I filed my taxes. So the form says 2024 at the top and 2023 in box 2. But with the PC tax refund having 2024 at the top ( and being paid out in 2024) I don’t think waiting to apply it with the 2025 return is the legal option.
you’ve been kind in your responses. I’m really just trying to make it make sense. I’ve emailed the OTC without a response and called the OTC where they told me it was to be filed with the 2024 return. I’ve called the commissioner and am waiting on a call back (not holding my breath). But that’s why I’ve come here—so to see if anyone has spoken to an accountant or otc agent who has thought about this logically and made it make sense!
