TurboTax FAQ
TurboTax FAQ
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How do I apply my refund to next year's (2018) taxes?

You can apply some or all of your 2017 tax refund to next year's taxes. When you come back to do your taxes in 2019, the amount you applied will show up as a credit.

Tip: If you pay quarterly estimated taxes, apply a portion your refund to next year's first-quarter estimated tax payment, which is due April 18. This can help prevent underpayment penalties on next year's return.

Instructions for TurboTax Online and TurboTax CD/Download

  1. Open (continue) your return, if you don't already have it open.
  2. Inside your return, search for this exact phrase: apply federal refund to next year and then select the "Jump to" link in the search results.
  3. Follow the instructions on the Get Your Refund Now or Apply It to Next Year's Taxes screen (online versions) or Apply Refund to 2018 Taxes (CD/download versions).

Instructions for TurboTax mobile app

  1. Open (continue) your return, if you don't already have it open.
  2. Tap the red TurboTax checkmark on the upper left side of the screen.
  3. Under the Federal Taxes option (or Personal if using Home & Business) tap Other Tax Situations.
  4. On the Other Tax Situations screen, tap on Apply Refund to Next Year.
  5. Select the first option (apply all or part of it) when asked how you want us to handle your 2017 refund and swipe right to continue.
  6. Enter the amount you want to apply and proceed.

 


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