Line 77: Amount overpaid

If you have to pay an estimated tax penalty (see line 81 instructions), subtract the penalty from the overpayment and enter the net overpayment on line 77.

You may choose to have your net overpayment:

refunded to you (enter amount on line 78 or 78b);

applied to your 2024 estimated tax (enter on line 79);

directly deposited into a NYS 529 account (line 78a); or

divided between the above three options.

If your estimated tax penalty on line 81 is greater than your overpayment on line 77, enter the difference on line 80 (amount you owe).