Is California tax refund for previous year taxable this year by California? Or does California tax the tax refund it issued previous year?

posted

Connect with an expert

1 Best answer

Accepted Solutions

No, its don't. State income tax refund taxed on the federal return is subtraction reported in column B, Schedule CA (540).

2 Replies

No, its don't. State income tax refund taxed on the federal return is subtraction reported in column B, Schedule CA (540).

FTB Pub 1001: Federal law includes the state income tax refund in income. California excludes the state income tax refund from income

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Do you have an Intuit account?