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QUESTION #3 (20 PTS) John and Maria Thompson filed a joint 2019 NYS return on April 15, 2020The return showed a NYS overpayment of $12,000

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QUESTION #3 (20 PTS) John and Maria Thompson filed a joint 2019 NYS return on April 15, 2020The return showed a NYS overpayment of $12,000 which was credited to their NYS 2020 return. Please explain how they will treat this NYS overpayment on their 2020 federal return. Please discuss

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