joanmcq Posted March 15, 2023 Report Share Posted March 15, 2023 I'm preparing estimates for an NYC client. From 1099s they've had plenty of NY state tax withheld, so much that it covers both the state & city taxes with a $6k refund. When doing the estimates, they only will owe NYC tax. Can I apply the $6k overpayment towards the city tax due or do I need to have strictly city tax payments made? In other words, do I apply the $6k refund to 2023 city taxes leaving a $1710 estimate due or do I have the $6k refunded and have them pay $8010 in estimates? Quote Link to comment Share on other sites More sharing options...
michaelmars Posted March 15, 2023 Report Share Posted March 15, 2023 Yes you can, the split of NYS NYC is only for there budgeting forecasts. ON the return the estimates are entered as total only. Quote Link to comment Share on other sites More sharing options...
joanmcq Posted March 16, 2023 Author Report Share Posted March 16, 2023 Thanks! Quote Link to comment Share on other sites More sharing options...
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