Deductions & credits


@Elizabeth2410 wrote:

Yes we have already applied and received the credit and the instructions state that we need to include the amount and certification number on our tax returns. There is no where to put this information into turbo tax  


It's unclear why it would be taxable.  If this is a rebate of taxes you already paid, it could affect your taxes if you itemized your deductions in a prior year or itemize them now.  If it is free money (and not really a rebate of prior taxes) then it might be taxable federal income (I'm not sure) -- and it would be very silly for it to be taxable NE income (why give you $1000 and then take away $100).

 

Can you post of copy of the letter with your personal info blanked out?  I think someone will need to research this a bit more.