If I owe $502 on my federal and have a refund of $...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

If I owe $502 on my federal and have a refund of $562 from state will the feds just take it from my state refund?

 
3 Replies
Anonymous
Not applicable

If I owe $502 on my federal and have a refund of $562 from state will the feds just take it from my state refund?

 
Anonymous
Not applicable

If I owe $502 on my federal and have a refund of $562 from state will the feds just take it from my state refund?

no they will not.  you must pay the federal and wait for your state refund.  please note that the due date of the federal return and any payment due has been pushed back to 7/15. 

Level 15

If I owe $502 on my federal and have a refund of $562 from state will the feds just take it from my state refund?

No.  It is not possible to pay Federal taxes due out of a state refund, nor can one pay state taxes out of a Federal refund.   Those are 2 separate tax agencies, and there are over 40 state tax agencies.  The IRS wouldn't want to do all that.  They want their money upfront.

 

I'll give you a FAQ below that tells some ways to pay Federal tax due, and following that, I'll tell you about a way to pay it at the IRS website, if you wish.

 

FAQ:  How can I pay my Federal taxes?

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

 

If you don't wish to use one of those methods, you can pay any Federal tax due at the IRS Direct Pay website with a free ACH electronic debit of your bank account (there's a service fee if you choose credit/debit card.)  

https://www.irs.gov/payments

 

If you intend to go the IRS Direct Pay route,  you would tell TurboTax that you are going to pay by "check" so that it lets you finish and file.  That doesn't obligate you to pay by check.

 

Then, if you decide to pay at the IRS Direct Pay website, in the form there at the IRS site you would choose for "Reason" that it's for "Tax Return", then choose to "Apply Payment" to "Form 1040/A/EZ", then indicate the proper tax year (such as 2019 for a current return.)

Dynamic Ads
v
Privacy Settings