Sunday 29 January 2017

Is My State Tax Refund Taxable and Why?

For itemizers, it’s one of the stranger parts of the tax code. First you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a 1099-G from your state...

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source http://blog.turbotax.intuit.com/tax-tips/is-my-state-tax-refund-taxable-and-why-90/

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