When my account says deduction does that mean I owe or I will be receiving?

[ssluka14]

What does overpayment on my 2017 tax refund mean?

[NigelG · Accepted solution]

An overpayment is your refund, it means that you overpaid your taxes and get money back.  If you see a question that asks if you want to apply your overpayment to your next years (2017) taxes, you want to say that you do not want to apply the refund so that you will receive your full refund this year.