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WETELECTRIC
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Will my federal credit go towards what I still owe from 2017?

 
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‎June 1, 2019 12:06 PM
last updated ‎June 01, 2019 12:06 PM
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AnthonyC
Level 7

Will my federal credit go towards what I still owe from 2017?

If, by credit, you mean that you have a federal refund for 2018 and you still owe taxes for 2017 - then, yes, the IRS will apply your 2018 refund to the amount you owe for 2017.  If there is any leftover, they will send you the balance.

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‎June 1, 2019 12:06 PM
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AnthonyC
Level 7

Will my federal credit go towards what I still owe from 2017?

If, by credit, you mean that you have a federal refund for 2018 and you still owe taxes for 2017 - then, yes, the IRS will apply your 2018 refund to the amount you owe for 2017.  If there is any leftover, they will send you the balance.

‎June 1, 2019 12:06 PM
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