State tax carryover from prior year

Forum|Forum|4 years ago
January 27, 2022
2 replies
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I am a first year user with Turbo Tax, previously had taxes done by an accountant. Where do I enter the refund that was applied to the first quarter. i understand that normally Turbo Tax would carry forward this information, but since it's my first time using Turbo Tax, need to make sure the refund from last year is applied to this years taxes due.

Best answer by MinhT1

The overpayment from your 2020 tax return that you applied to 2021 will serve as a credit against your 2021 tax liability and has to be entered in TurboTax.

You can enter the amount applied to your 2021 state tax by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
Scroll down and locate the section named Estimates and Other Taxes Paid and click Show more
Click on Start next to Income taxes Paid
On the next page, click Start next to 2020 refund applied to 2021 state taxes.

MinhT1Answer

The overpayment from your 2020 tax return that you applied to 2021 will serve as a credit against your 2021 tax liability and has to be entered in TurboTax.

You can enter the amount applied to your 2021 state tax by following these steps:

In TurboTax, open your tax return
Click on Federal in the left-hand column, then Deductions & Credits on top of the screen
Scroll down and locate the section named Estimates and Other Taxes Paid and click Show more
Click on Start next to Income taxes Paid
On the next page, click Start next to 2020 refund applied to 2021 state taxes.