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Get your taxes done using TurboTax
Thanks. I think TurboTax also uses "State and Local Income Tax Refund Worksheet—Schedule 1, Line 1" (https://www.irs.gov/pub/irs-pdf/i1040gi.pdf p.83) to determine whether it's taxable. It just asked my filing status and just used the corresponding standard deduction ($12000), which is smaller than $10000. However I can't use standard deduction for 2018.
Do you know if I can enter the $2000 manually in Schedule 1, Line 1 (Taxable refunds, credits, or offsets of state and local income taxes), instead of mark this whole refund taxable? Or maybe I can just enter $2000 as the amount from 1099-G and mark it as fully taxable? Thanks.
February 13, 2020
3:10 PM