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Is state tax refund under income section of turbotax means the overpaid tax of prior year?
Hello,
I am working on my tax return of 2023.
under the income section, there is : other common income---tax refunds(refunds received from state/local tax returns)
"Did you get a state or local tax refund in 2023?
If you did, you may receive a 1099-g( it's OK, if you didn't get this form though)
yes no."
I got tax refund in 2023 which is overpaid tax when I filed my tax of 2022. I only have 1099-g for unemployment, I do not have any other 1099-g regarding tax refund. I took standard deduction in 2022.
Shall I answer Yes or No here?
Thanks
‎February 27, 2024
11:44 AM