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mmknak2
Returning Member

In calculating taxes on the desktop, I have a refund due. Applying the entire refund to my next year's estimated taxes, the bottom line then shows I owe taxes. Help?

 
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1 Reply

In calculating taxes on the desktop, I have a refund due. Applying the entire refund to my next year's estimated taxes, the bottom line then shows I owe taxes. Help?

Check 1040 line 38 and see if there is a penalty listed.  That would have reduced your refund.  Where do you see a tax due?  Could it be for state?  And I wouldn’t apply 100% of a refund to next year.  I would want to get some deposited now so I know they got my return and processed it right.  If you apply it all to next year you might not know something went wrong until you file 2025.  

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