First time Turbo Tax. Reviewing my federal return, asked for 2022 state & local taxes from Schedule A Line 5a. Do I enter state or fed 2022 schedule A, amt is different
First time Turbo Tax. Reviewing my federal return, asked for 2022 state & local taxes from Schedule A Line 5a. Do I enter state or fed 2022 schedule A, amt is different
From federal Schedule A. Are you entering a 1099G for a state refund you got?
A State Tax Refund is taxable if you itemized deductions on that prior year's federal return and took a deduction for state income taxes instead of the sale tax. You got a deduction benefit for it so now you have to include it as income. If you took the standard deduction it is not taxable and you don't need to report it.