DaveF1006
Expert Alumni

Retirement tax questions

Even though you applied your 2019 tax refund to pay 2020 taxes, the amount is still taxable, even if you used it to apply to your 2020 taxes. How you used the money is irrelevant in this case because you received an economic benefit for that money in 2020 whereas you used to money to reduce your taxes due for this year.

 

 

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