2454054
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Reporting 2020 VA Refund

On the income section of my taxes, it asks for my 2020 state refund amount. While it was $443, I actually had to pay about $500 a few weeks ago due to an error in how unemployment was reported. How do I indicate that I actually paid $500 and did not receive the $443?

 

Thanks,

 

Ryan

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
AliciaP1
Expert Alumni

Reporting 2020 VA Refund

You will receive a 1099--G for 2021 since you received the money in that year.  You need to report this as income on your 2021 tax return.  If you are using TurboTax just search for 1099-G and use the "jump to" link to enter it.

 

You will report the $500 payment on your 2022 tax return since you actually paid it in 2022.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
AliciaP1
Expert Alumni

Reporting 2020 VA Refund

You will receive a 1099--G for 2021 since you received the money in that year.  You need to report this as income on your 2021 tax return.  If you are using TurboTax just search for 1099-G and use the "jump to" link to enter it.

 

You will report the $500 payment on your 2022 tax return since you actually paid it in 2022.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question