Federal

  • A refund can be applied to next year’s tax return. This is not recommended for our clientele:
    • If the taxpayer doesn’t bring the prior year return, or the current year return has no Carryforward, there’s a good chance the taxpayer won’t remember that an amount was applied or how much.
    • If there was any change to the return – either by the IRS or by an amended return, the amount on the printed Form 1040, Page 2, as being applied, will probably have been affected. The taxpayer may not remember such a change.
  • If the taxpayer insists, go to the Payment Apply Refund page [Federal > Payments & Estimates > Apply Overpayment to Next Year's Taxes] to enter the amount to apply to next year (can be less than the full refund).

California

  • To apply some or all of a state refund to next year’s return (not recommended; see previous paragraph), go to the Apply your State Refund to your 20xx tax return page [State Section > Payments > ....]

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