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Expanded Instructions
  • Line: 33
  • Step: 7
  • Step Subject: Refund
  • Instruction Year: 2023

Subtract line 32 from line 31. This is the amount that will be applied to your estimated tax for 2024. Enter this amount on line 33.

If you choose to apply part or all of your overpayment to your estimated tax for 2024, the return must be filed by December 31, 2024, and this choice cannot be changed after December 31, 2024.

2023 returns filed after December 31, 2024, may not request that overpayment be applied to estimated tax. Any overpayment will be refunded.

If you do not make any entry on line 32 or 33, the entire amount of the overpayment on line 31 will be refunded to you.

The total of lines 32 and 33 must equal the amount on line 31.