[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-3016":3},{"rec_id":4,"title":5,"text":6},"3016","Taxable State Refund (Form 1099-G)","Menu Path: \u003Ci>Income > Common Income > Taxable State Refund (1099-G)\u003C/i>\n\u003Cbr>\u003Cbr>\nEnter on the \u003Ci>Taxable State Refund (Form 1099-G, Box 2)\u003C/i> screen.\u003Cbr>\u003Cbr>\nThe state refund you received last year is reported on a \u003Ci>Form 1099-G\u003C/i>. Last year's state refund only needs to be entered if it is taxable. Your state refund is NOT taxable if you took the \u003Ci>Standard Deduction\u003C/i> on last year's tax return instead of itemizing your deductions on \u003Ci>Schedule A\u003C/i>.\u003Cbr>\u003Cbr> \nIf you itemized your deductions on your 2024 federal income tax return, your state tax refund from 2024 is usually taxable.\u003Cbr>\u003Cbr>\nHowever, the state refund will not be taxable if you either: \n\u003Col>\n\u003Cli>\nChose to deduct sales tax instead of state and local income taxes on your 2024 \u003Ci>Schedule A, Line 5 - Itemized Deductions\u003C/i>. - OR - \n\u003C/li>\n\u003Cli>\nChose to itemize your deductions on your 2024 tax return even though your \u003Ci>Standard Deduction\u003C/i> would have been higher. \n\u003C/li>\n\u003C/ol>\nYou may be able to reduce your taxable state refund if either:\n\u003Col>\n\u003Cli>\nYour taxable income was zero or negative on your 2024 tax return. - OR - \n\u003C/li>\n\u003Cli>\nYour \u003Ci>Itemized Deductions\u003C/i> from 2024 would have been less than your \u003Ci>Standard Deduction\u003C/i> if you did not have any state and local taxes in your 2024 \u003Ci>Itemized Deductions\u003C/i>. \n\u003C/li>\n\u003C/ol>\nAfter entering the state or local refund received, our software will ask questions to determine the taxable amount of your state or local tax refund.",1777391507906]