Tax Return Form 1040-Question No. 10

Question

Feb 2, 2006, 11:34 AM

Ale

New Member

Join Date: Feb 2006

Posts: 2

Tax Return Form 1040-Question No. 10

First of all, thank you for answering my previous question. I now need to know how to answer question no. 10-Taxable refunds, credits, or offsets of state and local income taxes if my wages for 2005 is $35,179.65. This will help me get my adjusted gross income to fill out my financial aid application for law school. ALL OF YOUR HELP IS GREATLY APPRECIATED

THANKKKKSSSSSSS!

Answers

Feb 2, 2006, 12:47 PM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 10,013	Ale: If you itemized in 2004 and got a *state* tax refund, that refund is taxable income because you claimed the taxes withheld in 2004 as an itemized tax return. If you did *not* itemize in 2004, then this line should be left blank.

Answer this Question Ask about Taxes

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Sponsors

Similar Threads
Question	Asker	Forum	Answers	Last Post
OPT-H1(Oct2005) - used form 1040	dallasite2005	Taxes	1	Apr 7, 2006 12:50 AM
Dual status. What to fill in form 1040 NR	ewhite	Taxes	1	Mar 28, 2006 12:18 AM
wrong form for 2004 tax return	mark9	Taxes	2	Mar 19, 2006 11:59 PM
Filed return with photo copy form 4852(sub W-2)?	troj	Taxes	1	Feb 22, 2006 12:56 AM
Income Tax Form 1040-8a	Ale	Taxes	1	Feb 1, 2006 10:19 PM



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!