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Retirement tax questions
You might not need to amend if you took the Standard Deduction. A State Tax Refund is taxable if you itemized deductions on that prior year's federal return and took a deduction for state income taxes instead of the sale tax. You got a deduction benefit for it so now you have to include it as income. If you took the standard deduction it is not taxable and you don't need to report it.
‎January 27, 2024
6:00 PM