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Deductions & credits
I thought the State Tax deduction rule was: if you deduct the State Tax this year (get a benefit) but then get a refund of it next year, then you are taxed on the State Refund (paying back the benefit).
I'm getting confused because it's an Estimated Payment and I'm hoping I get most of it back next year.
‎October 7, 2022
8:21 AM