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Unreported FIT refund
In 2020 we received a Federal Income Tax refund of $146.00 (of which $14.44 was interest) for an overpayment on our 2017 return. Having reviewed our 2020 FIT return I do not find an entry reporting this refund or the interest. We took the standard deduction rather than itemizing in 2020. Do we need to report the refund and/or interest? Do we need to file an amended return?
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‎April 2, 2021
4:32 PM