Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Processing

Apply an overpayment portion to next year's estimated tax when none is due

  1. In the Overpayment section on the
    EstT
     or
    EstPF
     screen, enter
    5
     or
    8
     in
    Application of current year overpayment
    .
    The application applies the amount in
    Amount for code 5 or 8
     to next year's estimate.
  2. In the Form 990-W section, enter
    5
     in
    Next year declaration
    .
  3. In
    Amounts for code 5 or 9, or next year's payments made: 1st
    , enter the amount entered in the Overpayment section.
    note
    When you use overpayment application code 8, enter the amount that you want to have applied to next year. If
    Next year declaration
     is blank, the estimate worksheet or vouchers don't calculate. You'll need to enter a code in
    Next year declaration
     to calculate estimates.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close