Turbo tax is reflkecting that I have an overpayment of $244 this year. What do I do with the overpayment?

[aebc269479]

What do I do with an overpayment?

[PatriciaV]

 You have the option to receive a refund from the IRS (in about three weeks) or apply your overpayment to next year's taxes. TurboTax will offer you both options when you work through the steps to e-file your return.

[VolvoGirl · Accepted solution]

An overpayment is your refund.   You can have them keep all or part of your refund as an estimated payment towards next year's tax return.  But most people want to get their refund now.   So to get your refund now pick do not apply it to next year.