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April 5, 2025
Question

How do I enter 2023 federal tax overpayments for 2024?

  • April 5, 2025
  • 2 replies
  • 0 views
I overpaid in 2023 and want a credit/refund for 2024

    2 replies

    VolvoGirl
    Employee
    April 5, 2025

    If it didn’t transfer over from last year, then enter a refund from last year that you applied to this year here. BUT first make sure it’s not already there. You don’t want to apply it twice. It will be on 1040 line 26.


    Federal on left

    Deductions and Credits at top

    Then scroll way down to Estimates and Other Income Taxes Paid

    Other Income Taxes - Click the Start or Revisit

     

    Next page scroll down to 2023 Refund Applied to 2024

    Click Start or Update by the tax you applied

    April 5, 2025

    If, on your 2023 1040 line 36 you indicated that you wanted to apply your overpayment to 2024, you have an overpayment carryover to 2024.  Here is how you can indicate you have a 2023 federal overpayment carryover to 2024 in TurboTax Online:

     

    1. Navigate to  Federal > Deductions & Credits > Estimates and Other Taxes Paid  > Start or Revisit
    2.  On the Income Taxes Paid screen, choose 2023 Refund Applied to 2024  federal taxes > Start or Revisit
    3. Enter the amount