- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
It depends. If you itemized deductions last year, then you actually need to report both exchanges separately. Your PA refund is potentially taxable since you claimed the PA taxes paid as part of your itemized deductions. However, you must claim this separate from the amount you paid back to Oklahoma (which you will also claim), because it is possible that not all of the refund is taxable (whereas all of the taxes you paid back to Oklahoma last year will be deductible this year).
In the Income section of the Federal Taxes tab, you will click the dropdown arrow on the Other Common Income section, and click Start on the State Refund Button, and answer all pertinent questions to determine the taxable portion of the PA refund.
Then, in the Deductions and Credits section, you will click the down arrow on the Estimates and Other Taxes paid dropbox. Click Start on Other Income Taxes (The screenshots below will help guide you).
If you took the standard deduction last year, however, your PA refund is not taxable at all, and you still may claim the OK taxes you had to pay if you are itemizing this year. Question is, Did you Itemize? Here's an FAQ to assist you if you are not certain: https://ttlc.intuit.com/questions/2892163-did-i-itemize-last-year
Here are the screenshots to assist your entries.
**Mark the post that answers your question by clicking on "Mark as Best Answer"