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No, you cant, period. CA statute does not permit refund or adjustment of credit elect for current year estimated tax from prior year overpayment. See RTC 19002(e).
Well refund any tax you overpaid if you owe no other tax or have no other debts the law requires us to collect. Well continue to charge interest if you dont pay the balance you owe by the date requested in this enclosed notice.
Go to Screen 59, Amended Return (1040-X). Scroll down to the Miscellaneous Information section. Select the box Apply 1040-X overpayment to 20YY estimated tax. Scroll down to the Federal Income Tax Return section. Enter the amount to be applied in Overpayment applied to 20YY estimated tax (75). How to apply an overpayment to estimated tax on the 1040X intuit.com en-us help-article app intuit.com en-us help-article app
If the payments made exceed the amount of tax, then the amount of the overpayment is entered on the overpaid line in the Refund section of Form 1040. Taxpayers can choose to apply any portion of their overpayment to the following tax year or receive their refund as a check or direct deposit.
If the IRS has accepted your return already, you wont be able to change your bank and routing number for your tax refund. You can only request that the IRS issue you a check and thats only if the return has not yet been processed. Changing Your Bank Account and Routing Numbers for Tax Refunds hrblock.com finalizing-online-return cha hrblock.com finalizing-online-return cha
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People also ask

Refund of an overpayment: If a customer overpays an invoice and requests a refund, the overpayment should be recorded as a liability in a separate account. When the refund is issued, the liability account should be debited, and the cash account should be credited. What Is Overpayment in Accounting? How to Record Customer - NetSuite netsuite.com portal resource articles netsuite.com portal resource articles
Why did I receive this notice? We issue Notice CP12 when we correct one or more mistakes on your tax return, and: The overpayment is different from the one you expected, or. You have an overpayment when you thought you owed money or had an even balance.
If youre filing an amended tax return to claim an additional refund, wait until you receive your original tax refund before filing Form 1040X. If you owe additional taxes with Form 1040X, pay the tax with the return or as soon as possible to minimize interest and penalties. What you need to know about filing an amended tax return - IRS irs.gov pub irs-utl oc-what-you-need-t irs.gov pub irs-utl oc-what-you-need-t

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