topic Does a 2023 tax rebate, received in 2024, need to be added into 2024 income? in Get your taxes done using TurboTax

Does a 2023 tax rebate, received in 2024, need to be added into 2024 income?

yowahaus — Wed, 11 Feb 2026 10:57:12 GMT

Re: Does a 2023 tax rebate, received in 2024, need to be added into 2024 income?

rjs — Sun, 03 Nov 2024 03:46:51 GMT

What kind of tax did you get a rebate for: federal income tax? state income tax? real estate tax? another kind of tax? Do you mean that you got a refund on your 2023 federal or state income tax return?

On your 2023 federal tax return did you use itemized deductions or the standard deduction? If you used itemized deductions, did you claim a deduction for the tax that you got a rebate for in 2024?

Re: Does a 2023 tax rebate, received in 2024, need to be added into 2024 income?

Opus 17 — Sun, 03 Nov 2024 17:59:58 GMT

Sometimes, but we need more information. It depends on who paid, why they paid, and what was the tax treatment of the initial even that led to the rebate.