Overpayments

If you are due a refund when you file your individual income tax return, you may apply all or part of the overpayment to the estimated tax you owe for the following year.

If the applied overpayment equals or exceeds the estimated tax liability for the first quarter payment, you are not required to file the declaration for that quarter. If the overpayment applied is less than the estimated tax due, you should file the declaration and pay the balance of the first installment.