How do I claim a pending refund from 2020 in tax-return for 2021 ? Which tax deduction in turbo tax do I select ?
I got a cheque from IRS in July 2021 with year 2020 tax refund. However I couldn't cash it. Can i claim that 2020 tax refund amount as a tax deduction in 2021 tax return? If so, how do I do it in turbo-tax ? Which tax deduction ?
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1 Replies
DoninGA
Level 15
Jan 31, 2022 7:48:25 AM
Federal tax refunds are not entered on a federal tax return so you cannot add or deduct the federal refund on the federal tax return.