@docwell5
Yes, during the 2024 review of, and entry of the 2023 IL state refund?
.....the amount that TTX shows as a 2024 IL refund can differ some by what is on line 37 of the IL-1040.
The amount that TTX shows (if higher), is usually correct.
......IF..IF..you had any "Use Tax" on line 21 of the 2023 IL-1040, or if you made any refund "donations" showing on line 34 of the 2023 IL-1040. Those two values must be added to the value on line 37 of the IL-1040 to get the Federally-reportable IL State refund.
1) The Use-Tax on line 21 is not an income tax...so it must be added back.
2) The checkoff donation on line 34 is also not an income tax,...but any amount on that line can be included as a potential Federal 2024 charity deduction.
(When I do that donation for part of my NC tax refund, TTX automatically enters it as a charitable deduction the next year....provided that you always transfer in the prior year's TTX data every successive year)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
