- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Reporting previous year's state tax refunds
My 2019 draft filing shows an amount of state refund for 2018 lower than the actuarial 2018 filing - why?
In addition, since I took the Standard Deduction in 2018, should't the 1099-G automatically set to 0?
Thank you
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, If you took the standard deduction in 2018 your refund should not be taxable in 2019.
After you enter your refund in TurboTax you will see a 'State and Local Tax Refund Summary' screen. Select 'Done'.
You will then see a screen titled 'Let's See if Your 2018 State Refund Is Taxable'. Select 'I took the standard deduction in 2018'.
You should then see a screen that says; 'Good News! Your 2018 State Refund Is Not Taxable'.
[Edited 01/21/2020|7:39 PST]
**Mark the post that answers your question by clicking on "Mark as Best Answer"
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thank You for your helpful response. I realized that the previous year's refund will not be counted as income only when I saw the year to year comparison I think the screen where the refund amount is entered should indicate clearly the conditions under which it would be counted as income.