topic Applied a federal refund to 2024 in Deductions & credits

Applied a federal refund to 2024

jsaoud — Sat, 25 Jan 2025 18:59:42 GMT

In 2023, I applied a federal refund to 2024.

The IRS took that money for an error on a previous year. So the "credit" no longer exists.

However, I am trying to file my 2024 taxes that Turbo Tax shows that credit and I cannot delete it.

How do I get that credit out of my 2024 return?

Re: Applied a federal refund to 2024

MindyB — Sat, 25 Jan 2025 19:08:40 GMT

To remove the prior year overpayment in TurboTax Online:

Navigate to Federal Taxes > Deductions and Credits >Estimates and Other Taxes Paid
Choose Income Taxes Paid > Start or Revisit
Go to 2023 Refund Applied to 2024, then start or revisit 2023 refund applied to 2024 federal taxes
Delete the overpayment

Re: Applied a federal refund to 2024

VolvoGirl — Sat, 25 Jan 2025 19:09:01 GMT

If it is applying your last year's refund to this year and you need to remove it or change it.....

Go to

Federal Taxes

Deductions and Credits

Then scroll way down to Estimates and Other Taxes

Other Income Taxes - Click the Start or Update button

Next page scroll down to 2023 Refund Applied to 2024

Click Start or Update and then delete the amount

Re: Applied a federal refund to 2024

DoninGA — Sat, 25 Jan 2025 19:10:24 GMT

To enter, change or delete a refund from the prior year applied to this years taxes (Federal, State, Local) -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Income Taxes Paid, click on the start or update button

On the next screen select the options under 2023 Refund Applied to 2024

Or enter refund applied to this year in the Search box located in the upper right of the program screen. Click on Jump to refund applied to this year

Re: Applied a federal refund to 2024

jaramd — Sun, 02 Feb 2025 21:34:23 GMT

neither of the options suggested are available in turbotax live premium... any other way to enter a federal refund from tax year 2023 that was applied to my 2024 filing?

Re: Applied a federal refund to 2024

DoninGA — Mon, 03 Feb 2025 13:39:45 GMT

@jaramd wrote:

neither of the options suggested are available in turbotax live premium... any other way to enter a federal refund from tax year 2023 that was applied to my 2024 filing?

Yes, they are available in the TurboTax 2024 online editions -