OrangeJulius
Returning Member

Transfer installment overpayment to spouse?

When reviewing the final returns for my wife and I, I see that I overpaid my income tax instalments and she underpaid them.

 

This means I will get a refund but she have to pay taxes owing. Consequently she will probably end up paying interest & penalties on the underpayment.

 

Is there any way to transfer my overpaid amount to her account so that she gets credit for the overpayment of the installments?