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On an Account Transcript you will see lines such as: 764 Earned income credit followed by -$XXXX and that is the amount of your refund from the EIC. 846 Refund Issued followed by -$XXXX and this is the amount of your final refund. 0.

Your balance includes: any estimated tax payments made using software, from your online services account, or with Form IT-2105, Estimated Tax Payment Voucher for Individuals, any overpayment from last year's return that you asked us to apply to the following year, and.

A credit on your account is a dollar-for-dollar reduction in your tax liability. If you have more credits than your tax liability, you will receive a refund for the overpayment. If your credits do not cover your balance due, you will need to make payments on the balance.