CA 1099-G Box 2 significantly differs from actual refund received

You don't need to enter your 1099 G at all since you didn't itemize. There could have been some adjustments the state made that caused your refund to increase. You can contact California FTB or create an online account to get more information about the amount the state reported on your 1099-G.

I called the CA FTB and the person I spoke to said there was an error processing my (and others') 1099-G and I should be receiving a corrected one. I don't really understand or trust the situation but if it doesn't effect my 2024 taxes then I'm not worried about it. 

did they tell you when you should be receiving the corrected 1099-G? I'm noticing that my refund was different from what was reported on the 1099-G by $2,500. may call ftb tomorrow.

did they tell you when you should be receiving the corrected 1099-G? I'm noticing that my refund was different from what was reported on the 1099-G by $2,500. may call ftb tomorrow.

If you previously deducted the state income taxes that were later refunded to you, and you need to report the 1099-G amount as income, then you may wish to wait to file until the FTB issues a corrected form. Otherwise, if the refunded taxes weren't previously deducted, then you don't need to enter the form at all. See this TurboTax help article for more information about whether you need to report your state tax refund from last year as income.

 

The California Franchise Tax Board provides this information about Forms 1099-G issued by that agency:

 

We use 1099-G to report amounts:

• Refunded to you by direct deposit or check
• Offset against other liabilities, such as:
  • Tax
  • Penalties
  • Interest
• Credited toward estimated tax payments
• Applied to a Use Tax payment
• Intercepted by other state or county agencies or the IRS

Why you received a 1099-G

You received this form because both of the following happened:

• You claimed state income tax payments as an itemized deduction on Schedule A of your Federal Income Tax Return for the tax year listed in Box 3
• You received a refund, credit, or offset of $10 or more

1099-G is not a:

• Bill
• Notice of an additional refund

If you did not itemize or used the general sales tax deduction on your Federal Income Tax Return for the tax year indicated on Box 3, you do not need to claim the amount on the 1099-G.

 

If you received taxable unemployment benefits or certain other benefits, then the California EDD may issue you a 1099-G.

 

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