tax refund enquiry

Helen123 · ‎March 17, 2025

Hi

If I get tax refund this year, do I need to report it to IRS as income next year?

Thanks,

Helen

xmasbaby0 · ‎March 17, 2025

No. Your federal tax refund is not taxable on your next federal tax return. If you itemize deductions on your 2024 tax return and receive a state income tax refund, that state refund will be taxable on next year's federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

NicolleR1 · ‎March 17, 2025

A federal refund is never taxable or deductible. However, if you itemize your deductions, and include your state taxes on these deductions, the state portion of your refund will become taxable for next year.