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rnrreynolds
New Member

If i donate my state tax refund, does it get reported as income next year?

 
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Accepted Solutions
Opus 17
Level 15

If i donate my state tax refund, does it get reported as income next year?

It's still a refund in your name which you then donate.  It will be income on your 2018 return if you deducted your state income taxes on this year's return.  It will also be a deductible charitable contribution, but whether you actually benefit from the deduction will depend on your total itemized deductions, and the fact that the standard deduction is doubling next year.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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3 Replies
Opus 17
Level 15

If i donate my state tax refund, does it get reported as income next year?

Donate to who?
*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
rnrreynolds
New Member

If i donate my state tax refund, does it get reported as income next year?

to an approved charity at the end of my return.  it's the community food bank
Opus 17
Level 15

If i donate my state tax refund, does it get reported as income next year?

It's still a refund in your name which you then donate.  It will be income on your 2018 return if you deducted your state income taxes on this year's return.  It will also be a deductible charitable contribution, but whether you actually benefit from the deduction will depend on your total itemized deductions, and the fact that the standard deduction is doubling next year.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
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