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April 1, 2022
Question

Is my federal tax refund for 2020 taxable in 2021, if it is taxable where is it entered?

  • April 1, 2022
  • 1 reply
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is my federal tax refund taxable the following year?

1 reply

DoninGA
Employee
April 1, 2022

A federal tax refund is not reported on nor is it taxable on a federal tax return.

Employee
April 1, 2022

Iowa taxes federal refunds so if you are in Iowa you will have to enter the federal refund you received.   There might be a few other states that tax federal refunds--I am not sure----but if your state taxes it you will be asked when you prepare your state return.   Your federal refund is not taxable on your federal tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**