Why isn't my 2018 state tax refund showing up in my 2019 taxable income?
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If you used the Standard Deduction last year the state refund will not be taxable, and thus not reported in income.
Yes. Thanks for your quick response. I meant to add that I used itemized deduction in 2018.
What else could it be?
If you were able to deduct your sales tax and not your state income taxes on last year’s return, then your state refund is not taxable when you file this year.
There is a $10,000 limitation on the combined value of State Income Tax an Property tax. You may have exceeded the $10,000 limit.
TurboTax will ask you simple questions about your previous year state tax refund if you deduct state taxes last year and will perform calculations to determine how much of that refund is taxable based on your answers.
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