How do I include this refund in my tax return?
March 20, 2009 by Tax Forum
Filed under Questions & Answers, Refunds
chan_jay asked:
I have received $30 state income tax refund which i itemized and took prior year; should I include the $30 in my income this year? if i do where do i reported on a 1040 form?
I also read the instruction; to my understanding if your standard deduction is less than your last year itemized deduction then you dont have include that amount into the gross income? am i correct?
I have received $30 state income tax refund which i itemized and took prior year; should I include the $30 in my income this year? if i do where do i reported on a 1040 form?
I also read the instruction; to my understanding if your standard deduction is less than your last year itemized deduction then you dont have include that amount into the gross income? am i correct?
I have my parent’s federal and state income tax refund check. Can I deposit it?
February 2, 2009 by Tax Forum
Filed under Questions & Answers
kwjb05 asked:
I have their signatures on the back. Will I have any problems trying to deposit it at my bank.
I have their signatures on the back. Will I have any problems trying to deposit it at my bank.
Is the sales tax I paid on a vehicle purchase in Texas deductable from my federal income taxes?
January 25, 2009 by Tax Blog
Filed under Questions & Answers
Michael B asked:
I recently became a Texas resident and paid sales tax to Texas on a car I purchased. Is that state sales tax deductable from my federal income taxes (Texas has no state income tax)?
I recently became a Texas resident and paid sales tax to Texas on a car I purchased. Is that state sales tax deductable from my federal income taxes (Texas has no state income tax)?
State Tax Help and Forms
Click on the State Tax Map for help, forms and answers to thousands of state tax questions. Complete guide to all taxes for each state in the United States
What does this tax question mean? If you paid state local income taxes in 2007 for a prior year?
January 22, 2009 by Tax Blog
Filed under Questions & Answers
Me asked:
If you paid state and local income taxes in 2007 for a prior year (such as taxes paid in 2007 as a balance due on your 2006 state income tax return), include this amount as other state and local income taxes paid.
If you paid state and local income taxes in 2007 for a prior year (such as taxes paid in 2007 as a balance due on your 2006 state income tax return), include this amount as other state and local income taxes paid.
Other state and local income taxes: $____
While filing online, I got an alert here. I did not enter anything in. What exactly is the question asking?