Will my federal credit go towards what I still owe from 2017?
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1 Best answer
AnthonyC
Level 7
Jun 1, 2019 12:06:48 PM
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.
1 Replies
AnthonyC
Level 7
Jun 1, 2019 12:06:48 PM
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.