topic Are tax refunds in a complex trust considered income? in Business & farm

Are tax refunds in a complex trust considered income?

amohler — Wed, 05 Jun 2019 22:54:17 GMT

A federal income tax refund is not taxable income on a fe...

TomD8 — Wed, 05 Jun 2019 22:54:18 GMT

A federal income tax refund is not taxable income on a federal return. State income tax refunds may be taxable income, depending on what was deducted on the previous year's return.

Some states tax Federal tax refunds on the State return.

SweetieJean — Wed, 05 Jun 2019 22:54:20 GMT

Some states tax Federal tax refunds on the State return.