I never dealt with 1099 G fprm. Yes I am married filing jointly. If we receive one do we add it to our tax return or is it necessary? I looked on line but says we don't have to but wanted to ask a expert first.
I received a 1099 G and it has both of our names attached to it. Do we add it to both of our take return or just one of ours?
Since you are filing jointly, it will be included for both of you. Report the form and TurboTax will figure out if it is taxable or not.
If all three of the following are true, your refund counts as taxable income:
Even when your refund is taxable, it may not be the entire amount. It depends on how much the deduction affected your refund or tax bill. Just answer a few simple questions about last year’s refund, and we’ll calculate the taxable amount for you.