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Apply a refund to next year's taxes

SOLVEDby IntuitLacerte Tax25Updated July 27, 2021

How do I apply the amount of refund to next year's taxes?

  1. Go to Screen 7.1, 20XX Estimates (1040 ES).
  2. Enter applicable dropdown option or dollar amount in Apply overpayment to 2013 (Ctrl+T or dollar amount).
  3. If the entire refund should be applied to the next tax year, the dropdown options will allow you to do this.
  4. If only a portion of the refund should be applied to next year, the option of entering the actual dollar amount is available.
  1. Go to Screen 12, Estimates (1041ES)
  2. Enter applicable dropdown option or dollar amount in the next year's 20XX Section Tax section under Apply overpayment to 20XX (Ctrl+T or dollar amount).
  3. If the entire refund should be applied to the next tax year the dropdown options will allow you to do this.
  4. If only a portion of the refund should be applied to next year, the option of entering the actual dollar amount is available.
  1. Go to Screen 10, Estimated Tax.
  2. Enter applicable dropdown option or dollar amount in the next year's 20XX Section Tax section under Credit to 20XX (Ctrl+T or dollar amount).
  3. If the entire refund should be applied to the next tax year the dropdown options will allow you to do this.
  4. If only a portion of the refund should be applied to next year, the option of entering the actual dollar amount is available.
  1. Go to Screen 10, Estimated Tax.
  2. Enter applicable dropdown option or dollar amount in the next year's 20XX Section Tax section under Credit to 20XX (Ctrl+T or dollar amount).
  3. If the entire refund should be applied to the next tax year the dropdown options will allow you to do this.
  4. If only a portion of the refund should be applied to next year, the option of entering the actual dollar amount is available.

Federal and State columns are available which allow you to enter details specific to Federal or State Estimated Tax.

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