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What to report if you have refund from one state, and owe tax in another state last year?
I know we must report last year's state tax refund as income on the federal return in some cases. Last year I owed tax in one state, and received refund in another state (that's because I commute across state line). Do I report:
- just the refund, or
- the net refund (refund minus what I had to pay the other state)
March 18, 2023
7:00 PM