Ask Experts Questions for FREE Help !
Ask
    hiker's Avatar
    hiker Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Feb 16, 2010, 02:31 PM
    State tax 1099
    I was to receive a state tax refund from my 2008 taxes in North Carolina for $5,500. I elected to apply $4,000 to my estimated taxes and receive $1,500 as refund. What should my amount be on my 1099G for 2009?
    MLSNC's Avatar
    MLSNC Posts: 158, Reputation: 17
    Junior Member
    		  
    #2

    Feb 16, 2010, 03:01 PM

    Your refund was $5,500 and that is what they should have on the 1099G. You can deduct the $1,500 on Schedule A if you itemize. The refund is not taxable if you did not receive a tax benefit from the deduction.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Apr 21, 2010, 02:20 PM
    Actually, the deduction on Schedule A would be $4,000.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099-MISC (State Tax Return) [ 1 Answers ]

Hi, I live in NY and won a cash price in Vegas, NV during my visit last year. I received a 1099-MISC with the amount listed under 3. Other Income. I have never lived in NV. Do I just need to file the 1099-MISC with my Federal and NY State Tax Returns, or do I now need to file a NV State Tax...

State tax for independent consultant in MA for a CA company (1099 from CA) [ 1 Answers ]

Hello, I'm a little puzzled as to where (or if) I should file my state tax for this year. I've worked as an independent contractor (consultant) from my home office in MA for a company based in CA. They sent me a 1099 form. I am unsure whether I should file taxes: - in Massachusetts - if I do...

Does 1099-C "income" have to be reported on state tax? [ 1 Answers ]

I'm probably being wildly optimistic here, but does the "income" from cancellation of debt reported to the IRS on the 1099-C have to be reported as income for state income taxes? I'm having trouble finding a clear answer. I live in NJ. Thanks, Jennifer

1099-G state tax refund [ 1 Answers ]

Last year(2007), I amended state income tax for tax year 2004 and they refunded some amount. It was low income credit (PA forgivness credit) Also, I filed a 1040NR for Federal tax return. I heard I should have received 1099 form but I didn't receive it yet. I have a question. If I receive a...

W-2 in State Tax state and 1099 In Non State Tax state [ 1 Answers ]

Hi I am very lost and confused. This is my first year to do my own taxes. I basically have taxes for 2 states. My question is my Drivers License is in NM my job was in AZ from Jan 2006 to Aug 2006 then from Aug 2006 to Present I live in TX. AZ has federal and state tax and TX does not just...

View more questions Search