Solved: State income tax refunds are only taxable income if you i...

I received a 1099g regarding an overpayment do I have to amend my taxes

refund for tax year 2015

posted

State income tax refunds are only taxable income if you itemized your deductions in the previous year.

If you did not itemize your deductions (file Schedule A) in 2015, you are not required to report your state refund this year and will not have to do anything further.

View solution in original post

State income tax refunds are only taxable income if you itemized your deductions in the previous year.

If you did not itemize your deductions (file Schedule A) in 2015, you are not required to report your state refund this year and will not have to do anything further.