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
Attend our Ask the Experts event about Deciphering Your Tax Forms on Feb 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

Where (or how) do I report my 2023 Federal tax overpayment on my 2024 return?

 
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

Where (or how) do I report my 2023 Federal tax overpayment on my 2024 return?

A federal tax refund from a prior tax year is not entered on the current year federal tax return.

 

Or, are you referring to applying your 2023 federal tax refund to the 2024 taxes owed?

 

To enter, change or delete a refund from the prior year applied to this years taxes (Federal, State, Local) -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Other Income Taxes, click on the start or update button


On the next screen select the options under 2023 Refund Applied to 2024


Or enter refund applied to this year in the Search box located in the upper right of the program screen. Click on Jump to refund applied to this year


The prior year refund amount applied is shown on Form 1040 Line 26

Where (or how) do I report my 2023 Federal tax overpayment on my 2024 return?

BUT first make sure it's not already there.  It may have transferred over from 2023.  You don't want to apply it twice. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question