State tax refund taxable?

Old Apr 15th 2001, 5:49 pm
  #1  
Confused
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Hi,

I was on a F-1 visa last year and I got some refund from the state (for
1999). Do I have to report this as taxable income this year? I was H-1B in 2000.

Thank you
 
Old Apr 15th 2001, 6:26 pm
  #2  
Joachim Feise
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Confused wrote:
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I think you need to report the refund. You should have gotten a form 1099-G from the
state for that purpose (at least, CA issued these forms).

-JoeF
 
Old Apr 16th 2001, 1:25 am
  #3  
easy2000
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Confused wrote:
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Did you deduct state income taxes from the year of the refund on your federal tax
return? If not, the answer is no, the refund is not taxable. If you deducted state
taxes, then the answer is maybe.

easy2000
 
Old Apr 16th 2001, 4:03 am
  #4  
Carlos Antunes
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Confused,

Although I am not an expert, my understanding is that you only need to report that
income if last year you itemized your deductions. If you used the standard
deduction, then you don't need to report the state tax refund. However, as I said, I
am not an expert...

Regards, Carlos Antunes.

Confused wrote:
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--
"I swear by my life and by my love of it - that I will never live for the sake of
another man, nor ask another man to live for mine."
-- John Galt, hero of Atlas Shrugged
http://www.amazon.com/exec/obidos/AS...76/andresworld
 
Old Apr 16th 2001, 6:13 am
  #5  
D. Stussy
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On Mon, 16 Apr 2001, Confused wrote:
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If the federal tax return for the year your state refund pertains to had a Schedule
A, your taxable income was positive, and you were not subject to the alternative
minimum tax, your state refund is fully taxable.
 
Old Apr 16th 2001, 2:33 pm
  #6  
Stephen C. Gallagher
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Your state income tax refund normally does not have to be reported as income
because it's the government returning too much tax that you paid to them, it's not
new earnings.

The exception would be if you itemized deductions on your federal tax return last
year and you took a deduction for state income taxes paid. In that case, then your
tax refund is considered income and it must be reported.

Stephen Gallagher
 

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