I made a mistake forever ago and didn’t realize I was eligible for a major refund—I’m back-filing for 2022, but from my understanding, that’s now too long ago to collect it. There’s an option to apply it to next year’s taxes—if I select that, would I be able to collect it as a 2023 refund?
“Apply refund to next year” to receive refund from 2022?
byu/Certifiedhater6969 intax
Posted by Certifiedhater6969
1 Comment
You can’t undue an untimely claim by electing to have it applied to the next year’s estimated tax. 2022 was due 2023-04-15; plus three years is 2026-04-15. (I’m assuming that you did not extend the due date.) Why do you think that it is too late to now file an original 2022 return and receive overpaid tax for that tax year?