Hi, I'm in the "Refunds Received for State/Local Tax Returns" section. I received a Colorado state tax refund last year after filing my 2023 taxes. Turbotax has prefilled the amount of the refund I see on my 2023 "Colorado Individual Income Tax Return" form. However, I received a 1099-G from Colorado and the "State Income Tax Refund" amount listed in Box 2 is much less than the amount I actually received (as seen on my 2023 return and my corresponding bank deposit). Box 3 confirms this is for the 2023 tax year.
So which amount do I put? The amount that was actually deposited to my bank or the amount on the official 1099-G from the state? And why would they be different?
