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February 18, 2024
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Why would my OVERPAID amount (line 34) and AMOUNT I want refunded to me (line 35a) vary ?

  • February 18, 2024
  • 1 reply
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Hi,

 

Why would my OVERPAID amount (line 34) and AMOUNT I want refunded to me (line 35a) vary by $4.

 

 

 

Thanks

 

 

 

Best answer by DoninGA

There is more than likely an Estimated tax penalty of $4 on Line 38 of the Form 1040 which will reduce the tax refund.

1 reply

DoninGA
DoninGAAnswer
Employee
February 18, 2024

There is more than likely an Estimated tax penalty of $4 on Line 38 of the Form 1040 which will reduce the tax refund.

Don222Author
February 18, 2024

Thank you !  That is the variance.