This year, your Form 1099-G reflects any refund or overpayment credit you received from last year (Box 1), and any corresponding interest (Box 2). This year, it will also include the amount of your one-time tax rebate (if you received one, and itemized deductions last year). If you itemized deductions last year, you may need to report these amounts as income on your federal income tax return.
Virginia Tax
For more information, check: Do I need to report the state or local refund I got last year? Is it taxable?
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