My Virginia State tax refund is incorrect
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Ver22031
Returning Member

My Virginia State tax refund is incorrect

 
9 Replies
MaryK1101
Expert Alumni

My Virginia State tax refund is incorrect

Please provide more information and I will be glad to help!

@Ver22031

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RoboTax
Level 1

My Virginia State tax refund is incorrect

Virginia treated the $110 or $220 "bonus" we received in October as a refund.  This is good for the taxpayer since Virginia never taxes refunds and the feds only tax them if you itemized in 2018.  You will need to change the refund that TurboTax brought over from 2018.

JamesG1
Expert Alumni

My Virginia State tax refund is incorrect

There must be more information that I am not seeing. 

 

There is an actual ‘bonus’ that was received?  Was this taxable income?

 

Or are you talking about a refund from a previous year’s tax return?  Such a refund can be taxable whole or in part based upon your previous year’s itemized deductions or standard deductions.

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RoboTax
Level 1

My Virginia State tax refund is incorrect

It wasn't the standard refund.  Virginia's coffers got a massive revenue boost from the new federal tax law becuse many fewer taxpayers were itemizing.  Virginia's standard deduction was a paltry $3,000 ($6,000 MFJ).  To partly share the new revenue with taxpayers, the legislature decided to give most taxpayers a one time payement of $1,500 ($3,000 MFJ) in October.  This is what I refer to as a bonus.  Virginia reported this amount on Form 1099-G along with the regular refund.  It should be treated like a regular refund.

RoboTax
Level 1

My Virginia State tax refund is incorrect

Woops!  That should have been a one time payment of $110 ($220 MFS).

KrisD15
Expert Alumni

My Virginia State tax refund is incorrect

If state tax was itemized on the federal return the previous year, the refund is reported. 

 

Please see the link below: 

Virginia 1099G

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gmcmah
New Member

My Virginia State tax refund is incorrect

Thanks for the link, but we are not tax people... Do we or do we not add the $110 per person to the amount on the 1099G?       REPORTED does not tell us lay people what to do and that is why we pay for your product..

RoboTax
Level 1

My Virginia State tax refund is incorrect

You do not add it to your 1099-G.  It has already been added in.

JohnW222
Expert Alumni

My Virginia State tax refund is incorrect

RoboTax, above, is correct.  You don’t add anything to what’s on your 1099-G; you simply enter the 1099-G into TurboTax as it is.

Please see the TurboTax Help article Where do I enter a 1099-G for a state or local tax refund?for guidance.

For additional information, please see the TurboTax Help article What Is a 1099-G Tax Form?.

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