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State Income Tax Refund & Alimony

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Presentation on theme: "State Income Tax Refund & Alimony"— Presentation transcript:

1 State Income Tax Refund & Alimony
Notes/Handouts 12/4/2018 C Income - State Income Tax Refund and Alimony 0.8 VO.ppt State Income Tax Refund & Alimony LEVEL 2 TOPIC 11/19/2010 DRAFT NJ Training TY2010 v0.8 NJ Training TY 2008 1

2 New York Income Tax Refunds
Notes/Handouts 12/4/2018 New York Income Tax Refunds Reported only if Taxpayer itemized deductions last year. Claimed deduction for state/local income tax Not reported if Sales Tax deducted in prior year Report on line 10 – Form 1040 Link to “State Tax Refund Worksheet” Need prior year data to calculate whether partially taxable If do not have prior year data, then all taxable 11/19/2010 DRAFT NJ Training TY2010 v0.8 NJ Training TY 2008

3 1099-G With State Refund 2008 Notes/Handouts 12/4/2018
11/19/2010 DRAFT NJ Training TY2010 v0.8 NJ Training TY 2008 3

4 Alimony Alimony Received Is Taxable Notes/Handouts 12/4/2018
11/19/2010 DRAFT NJ Training TY2010 v0.8 NJ Training TY 2008 4


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