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IS MY FED REFUND FROM LAST YR TAXABLE?

 
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Accepted Solutions
HelenaC
New Member

IS MY FED REFUND FROM LAST YR TAXABLE?

No, it is not. 

federal refund is not taxable income on your federal tax return. A state tax refund may be taxable if you itemized your deductions on your 2015 federal tax return and received a tax benefit from doing so.

Related information:

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1 Reply
HelenaC
New Member

IS MY FED REFUND FROM LAST YR TAXABLE?

No, it is not. 

federal refund is not taxable income on your federal tax return. A state tax refund may be taxable if you itemized your deductions on your 2015 federal tax return and received a tax benefit from doing so.

Related information:

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