1099G "Payments and Withholdings"

[Rates Payer]

In TurboTax Deluxe the "payments and withholdings" in the 1099-G screen is not defined. Don't know where to find this information or even what tax year applies. (Current or previous?)  The question mark symbol in the "On Demand Tax Guidance" is blank when accessed.  Help!

[DoninGA]

Why did you receive the Form 1099-G?  Which box on the form has an amount entered?

[Rates Payer]

Box 2 (amount reported to IRS)  This is a "inflation refund" issued by New York State. Amount was based on 2023 taxes.  

[MonikaK1]

The New York "inflation refund" is taxed at the Federal level but is not taxable on your New York return. 

Since this is not a typical 1099-G item for a refund of taxes paid, you can choose to enter it instead in the Other Taxable Income section of TurboTax with an explanation.

• From the left menu, go to Federal and select the first tab, Wages & Income
• Add more income by scrolling down to the last option, Less Common Income, and Show more
• Scroll down to the last option, Miscellaneous Income, 1099-A, 1099-C and Start
• Choose the last option, Other reportable income and Start and Yes
• Enter the applicable description and amount and Continue

If you need to subtract an item of income from your New York return that was included in your Federal return income, you can enter that adjustment in TurboTax Online at the screen in your New York return labeled "Changes to Federal Income". 

Look under Other New York Adjustments to Federal Income, and select Start next to Other changes (adjustments) to your federal income to make the subtraction entry.