Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon
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Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon
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03-05-2017, 12:45 AM
If you itemize deductions for taxes, state taxes withheld is deducted from income and usually reduces your federal taxes for that year. As such the refund becomes taxable income in the year returned. Using the standard deduction, the withheld state tax does not get deducted and does not affect your tax.
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Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by Microman - 03-04-2017, 03:51 PM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by Acer - 03-04-2017, 04:30 PM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by Bill in NC - 03-04-2017, 07:15 PM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by max - 03-04-2017, 10:04 PM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by JoeH - 03-05-2017, 12:45 AM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by max - 03-05-2017, 03:59 AM
Re: Income Tax Question. $11 refund in from 2015 paid in 2016 from Oregon - by Speedy - 03-05-2017, 10:58 AM
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