AmyC
Expert Alumni

After you file

See Where do I enter a 1099-G for a state or local tax refund?

If your refund is taxable, the program will calculate any taxable portion. After you have entered the form, done, back on the main screen, done, Let's see if your refund is taxable will pop up, if the computer doesn't already know the answers. Answer those questions until done.

 

Do I need to report the state or local refund I got last year? Is it taxable? states: If all three of the following are true, your refund counts as taxable income:

  • You itemized deductions last year, instead of taking the standard deduction.
  • You claimed state and local income taxes (not general sales taxes).
  • Claiming the deduction helped you increase your federal refund or lower your tax bill.

Many people pay more state and local taxes than the $10,000 cap. Only taxes that were deducted on itemized deductions are taxable. If you paid in say $15,000 of state and local tax with a refund of $4,000, it was not used on your itemized deductions and isn't taxable.

 

Take a look at your Federal smart worksheet to verify the answers.

To print or view  your forms:

  • In desktop, switch to Forms Mode. 
  • For online:
    1. On the left side, select  Tax Tools
    2. Select Print center
    3. Select Print, save or preview this year's return
    4. If you have not paid, select pay now.

 

 

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