IT-201

[user17696180745]

We received a $400 "Inflation Refund"...is this taxable on either the federal or state returns?  If yes, how does it get input into Turbo Tax?

[DoninGA]

New York's inflation refund checks (up to $400) are generally not taxable federally or by New York State because they are considered a government assistance payment for specific relief, not a refund of prior-year taxes