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Get your taxes done using TurboTax
I understand that the refunds are taxable bc we itemized and about double dipping, but I don't understand what this message from TT means or why it's doing this: "Because you paid part of you 2019 taxes, in 2020, we will reduce your state tax itemized deduction on Schedule A, Line 5 by $514."
Also, TT is prompting me to enter tax refunds from earlier years that are separately listed on the same 1099-G as the one for 2019 . . . so do I still need to amend 2017 for a $299 refund? Or can I include on 2019?
Thanks for any help
March 10, 2021
8:56 AM