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Did you know? State Income Tax Refund

Did you know? State Income Tax Refund

Did you know that your state income tax refund might not be taxable?

This is true even if you deducted state income tax on your prior year return and received a Form 1099-G from the state! Under the tax benefit rule, to the extent that you received no tax benefit from the state tax deduction, you can exclude it from income.

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Lee Reams, BSME, EA

Lee Reams, BSME, EA

Editor-in-Chief

Besides his role at CountingWorks as an educator and speaker to thousands of accountants nationwide, Lee manages a technical research service for a large group of tax accountants which sharpens his technical skills. Lee served on the Board of Blackline Systems, is a former Board of Director for the California Tax Education Council, is a Past President of the San Fernando Valley Chapter of Enrolled Agents, Member and Past Director for the California Society of Enrolled Agents.

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