Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
jawhalljr
New Member

I received a "Substitute Form 1099-G" from my home state of Michigan. Refund listed is $1,659.00, for tax year 2014. Do I report this on my 2015 return?

 
1 Best answer

Accepted Solutions
macuser_22
Level 15

I received a "Substitute Form 1099-G" from my home state of Michigan. Refund listed is $1,659.00, for tax year 2014. Do I report this on my 2015 return?

Only if you itemized in 2014 and took a deduction for state tax paid.  Then the refund that was previously deducted must be included as income.  If you did not itemize and took the standard deduction in 2014, then it is not necessary to enter the refund.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

1 Reply
macuser_22
Level 15

I received a "Substitute Form 1099-G" from my home state of Michigan. Refund listed is $1,659.00, for tax year 2014. Do I report this on my 2015 return?

Only if you itemized in 2014 and took a deduction for state tax paid.  Then the refund that was previously deducted must be included as income.  If you did not itemize and took the standard deduction in 2014, then it is not necessary to enter the refund.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

Dynamic AdsDynamic Ads
Privacy Settings
v