Skip to main content
Level 1
June 1, 2019
Question

What is an overpayment ?

  • June 1, 2019
  • 1 reply
  • 8 views
No text available

1 reply

Level 9
June 1, 2019

It means you paid more taxes throughout the year than you owed. Your tax refund = what you overpayed. If you see a question that asks if you want to apply your overpayment to your next years taxes it means you would not get your refund now. The government would hold your refund for it to be applied to your 2017 taxes.