I got a Arizona Families Tax credit after I submitted my taxes. The IRS says this is now taxable income and I need to fill out a form 1099-misc form from the state. How do I submit this form for my taxes?
Yes, you are correct the rebate is subject to federal income tax and needs to be reported on your 2023 tax return. The Arizona Department of Revenue issued Form 1099-MISC, if you did not receive it you can go to View My 1099 Form to get it. The rebate is not subject to Arizona income tax.
If you already filed your return, an amended return is to be filed to add the 1099-MISC. Before you file, you must wait until the initial return is completely processed. Use the same TurboTax account that you used for the original tax return. Only make changes to the areas of your return that need amending.
To add the form to your return:
When you get to your state make sure you adjust the rebate amount under your state adjustments.
For more information on amended returns see the following TurboTax help article: