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TT is asking if 5a or 5b is checked on my 2017 schedule A ? I stated that I itemized in 2017 (1040) (previously ask question) for NC state refund
I do not know how to proceed
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June 3, 2019
10:14 AM
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If you Itemized on your 2017 federal return you should have a schedule A. You need to look at schedule A.
It wants to know about line 5 on a schedule A to see if your state refund is taxable.
A State Tax Refund is taxable if you itemized deductions on that prior year's federal return and took a deduction for state income taxes instead of the sale tax. You got a deduction benefit for it so now you have to include it as income. If you took the standard deduction or filed a 1040EZ or 1040A it is not taxable and you don't need to report it.
If you filed a 1040 how much is on line 40?
It wants to know about line 5 on a schedule A to see if your state refund is taxable.
A State Tax Refund is taxable if you itemized deductions on that prior year's federal return and took a deduction for state income taxes instead of the sale tax. You got a deduction benefit for it so now you have to include it as income. If you took the standard deduction or filed a 1040EZ or 1040A it is not taxable and you don't need to report it.
If you filed a 1040 how much is on line 40?
June 3, 2019
10:14 AM
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schedule A was not included with my copy of the 1040 forms ? thank you for your accurate information.
June 3, 2019
10:14 AM
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As VolvoGirl said, if you didn't itemize, and used the Standard Deductions in 2017, the refund does not need to be reported. Thank you for using TurboTax.
June 3, 2019
10:14 AM
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I thank all of you, it was my error. I did not do my income tax in 2017 (medical reasons) AARP completed it. They selected Standard deductions. I did not recall it? I guess I will blame it on old age.
June 3, 2019
10:14 AM
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If you itemized on your 2017 Federal tax return, get the 2017 Schedule A that was included with (attached to) your 2017 tax return and look at line 5. Either Box 5a or Box 5b will be checked.
June 3, 2019
10:14 AM
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yes! AARP completed my 2017 taxes (medical reasons) they selected the standard deductions (no schedule A) I did not remember! sorry!
June 3, 2019
10:14 AM
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I'm glad it worked out. Thank you for using TurboTax.
June 3, 2019
10:14 AM