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Reason for 1099-MISC from State of California Tax Franchise Board (NOT middle class tax refund, I think)
My spouse and I received a 1099-MISC from the State of California Tax Franchise Board, but I didn't save the letter explaining the reason. I'm pretty sure this is NOT a middle-class income credit, because I'm sure we make too much to qualify for that. My hazy recollection is that this was sent to correct for an error in overpayment of estimated or other taxes last year. But I can't be sure. So what do I put as the reason for this 1099-MISC? It seems like we should not be taxes like that is actual income, right?
Thank you--first timer doing my own taxes. I'm nervous about making a mistake!
‎February 26, 2023
12:35 PM