turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Should i apply this years tax return to my tax liability this year?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Should i apply this years tax return to my tax liability this year?

That is totally up to you ... but if you need to make a 1st quarter payment by 4/15/20 then allowing the IRS to keep all or part of the 2019 refund to satisfy this requirement is not a bad thing to do... saves you the effort to make the payment later. 

Should i apply this years tax return to my tax liability this year?

What?  Are you at the end and it's asking if you want to apply the overpayment to next year?  That means if you want the IRS to keep your refund and apply it to NEXT years 2020 return as an estimated payment.  If you want to get your refund now say No.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies