- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
Dave,
Thanks for the answers. One more question. If I need to follow up with filing for 2 more years in Idaho and I am spreading $55,000 over 3 years or $18,333 per year. When I file for the next 2 years will I still be able to take the Idaho Itemized/Standard Deduction (now $24,800 per year) without making any other income in 2021 and 2022 since I now live in Washington and work in Washington. So that would wash out the $18,333 income for the IRA deferral for the next 2 years? Or since it is from 2020 is it just a continued tax from 2020, just paid in a different year? Also, is that amount void from penalties and interest per the CARES act? Thank you!
March 28, 2021
10:30 PM