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I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

How do I get refunded for overpayment with extension filing?
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11 Replies

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

If you overpaid your taxes and reported the taxes paid on the tax return you will get a refund for the overpayment on the tax return.

 

If you used the TurboTax Easy Extension to electronically file the extension request, Form 4868, and make the tax payment with the request, the payment should already entered on your tax return. Provided you used the same user ID for the 2020 online tax return as was used for the Easy Extension. You can check to see if the amount is on your tax return by clicking on Tax Tools on the left side of the screen. Then click on Tools. Click on View Tax Summary. Then click on Preview my 1040.


The federal extension payment will be shown on Schedule 3 Line 9. The amount from Schedule 3 Part II Line 13 flows to Form 1040 Line 31

 

To enter, change or delete a payment made with an extension request (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 Other Income Taxes, click on the start or update button

On the next screen select the type of extension payment made and click on the start or update button

 

Or enter federal extension payment in the Search box located in the upper right of the program screen. Click on Jump to federal extension payment

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

Very helpful! Thank you.

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

If you entered the estimated pre-payment in Turbotax, then the refund amount stated already takes into account the prior payment.  If you did not enter the estimate paid with the extension, enter it under "estimates and other taxes paid" on the deductions and credits screen.

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

So when filing for my extension, if I payed $5000 in estimated taxes for 2023, and my federal refund was $2000, does that mean the actual refund I was due was $3000?  And is that the number I should now report on my 2024 taxes?  Does the same go for state taxes?

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

in the tax payments worksheet you enter the extension payment. 

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?


@ Mike9241 wrote:

in the tax payments worksheet you enter the extension payment. 


Mike, I'm not sure that's what the new user @ Taxquestions17  meant, if that's who you were responding to.   Actually,  I don't understand what all that user is doing and why 2023 is being mentioned at this point in time.  Maybe they'll explain better.

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

The tax year is 2023, but they are filed and paid in 2024.  So now that I’m filing taxes for 2024 in 2025, TurboTax is asking what my refund for last year was.  Let’s say I pre-paid estimated taxes of $5000, and ended up getting a Federal Refund of $2000.  Doesn’t that refund include whatever I overpaid in the estimation?  Basically what number do I write down as my REFUND amount from last year for this years taxes?  Thanks for all your help folks.

KrisD15
Expert Alumni

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

Your refund was 2,000.

Is this for calculating estimated tax payments for 2025 or for calculating a payment with your extension? 

What section are you in that is asking?

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I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

Could it be asking about a state refund you got?  

A State Tax Refund is taxable if you itemized deductions on that prior year's federal return and took a deduction for state income taxes instead of the sale tax.  You got a deduction benefit for it so now you have to include it as income. If you took the standard deduction it is not taxable and you don't need to report it.

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

Thanks for your help!  This is in the very beginning on TurboTax in the Wages & Income section.  It asks if I got a refund from last years taxes and how much it was.  I just didn’t know if the number listed as my refund from TurboTax took into account what I pre-paid as estimated taxes when I filed for an extension on my LAST return.

KrisD15
Expert Alumni

I filed for an extension and paid what I thought would be due. I am now owed a refund. How do I also get a refund of what I paid when filing for the extension?

I think the program is asking about any STATE refunds you received in 2024.

Depending how you claimed deductions on your 2023 tax year Federal Return, a STATE refund received in 2024 could be income that needs to be reported on your 2024 tax year federal return. 

 

HERE is a link with more information 

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