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Is the interest paid on prior year AMENDED state tax refunds reportable on federal returns?

Forum|Forum|7 years ago
June 4, 2019
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Best answer by BarbL

If you amended a prior year state tax return and received a refund with interest, the interest is included in your taxable income for federal and state returns. Your state probably sent a tax document for you to use in reporting the interest. Enter it in the 1099-INT section, along with any other 1099-INT forms you received.

BarbLAnswer

Employee

If you amended a prior year state tax return and received a refund with interest, the interest is included in your taxable income for federal and state returns. Your state probably sent a tax document for you to use in reporting the interest. Enter it in the 1099-INT section, along with any other 1099-INT forms you received.

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