What is taxable refunds

manning12930 · ‎January 29, 2020

JohnW222 · ‎February 3, 2020

The term "taxable refund," in this context, refers to a scenario in which the state tax refund you received, say, in 2019 for what you reported on your tax year 2018 state return, is taxable on your 2019 federal tax return.

Please see the TurboTax Blog article "Is My State Tax Refund Taxable and Why?" and Help article "Do I need to report the state or local refund I got last year? Is it taxable?" for an explanation.

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JohnW222 · ‎February 3, 2020

The term "taxable refund," in this context, refers to a scenario in which the state tax refund you received, say, in 2019 for what you reported on your tax year 2018 state return, is taxable on your 2019 federal tax return.

Please see the TurboTax Blog article "Is My State Tax Refund Taxable and Why?" and Help article "Do I need to report the state or local refund I got last year? Is it taxable?" for an explanation.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"