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wendisuz
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I let the IRS retain $2000 of my 2022 refund as a credit towards my 2023 tax liability. How do I account for that with Turbotax?

 
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I let the IRS retain $2000 of my 2022 refund as a credit towards my 2023 tax liability. How do I account for that with Turbotax?

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 2022 Refund Applied to 2023


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


The prior year federal tax refund amount applied is shown on Form 1040 Line 26

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