State tax refund

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Subject Author Date State tax refund Y 10-23-2009  Re: State tax refund Arthur Kamlet 10-23-2009  Re: State tax refund Mark Bole 10-23-2009  Re: State tax refund Y 10-24-2009
Posted by Y on October 23, 2009, 11:06 am Please log in for more thread options I will be itemizing for this year's taxes (2009 sched A) and will include a deduction for paid local taxes. However, I will be getting a refund of withheld state taxes. What is the simplest way to avoid future correspondence (which always fills me with dread) with the IRS? I am afraid that if I do not claim the state taxes on the 2009 Schedule A, when the IRS gets the copy of the 1099G from the state they will ask me why I didn't include that amount on the 2010 Form 1040. I can explain, of course, but I REALLY don't like having to explain things to them, since only SOME of the people there seem to have a brain (prior experiences). Should I include the state taxes in the schedule A deduction and then just include the tax refund on the following year's Form 1040, when I get the 1099G from the sate? Y -- -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Arthur Kamlet on October 23, 2009, 11:17 am Please log in for more thread options > >I will be itemizing for this year's taxes (2009 sched A) and will >include a deduction for paid local taxes. However, I will be getting a >refund of withheld state taxes. > >What is the simplest way to avoid future correspondence (which always >fills me with dread) with the IRS? > >I am afraid that if I do not claim the state taxes on the 2009 Schedule >A, when the IRS gets the copy of the 1099G from the state they will ask >me why I didn't include that amount on the 2010 Form 1040. I can >explain, of course, but I REALLY don't like having to explain things to >them, since only SOME of the people there seem to have a brain (prior >experiences). > >Should I include the state taxes in the schedule A deduction and then >just include the tax refund on the following year's Form 1040, when I >get the 1099G from the sate? Don't worry about geting a 1099G, If you get one, you get one. So will millions of others. You have a choice this year of itemizing either state & local income taxes or state & local sales taxes. And in addition you will be allowed to itemize sales taxes paid for a new car. Just think how many people get a 1099G but have iemized their sales tax not their income taxes. Those folks will be able to ignore the 1099G. Others will report the 1099G amount, or a smaller amount if their tax benefit was less. So just itemize he correct amount, check the sales tax or income tax box on schedule A, and if you receive a 1099G, you'll have millions of cohorts who also receive one. Just treat it properly. -- ArtKamlet at a o l dot c o m Columbus OH K2PZH -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Mark Bole on October 23, 2009, 11:19 am Please log in for more thread options Y wrote: > What is the simplest way to avoid future correspondence (which always > fills me with dread) with the IRS? Move and don't tell them your new address. See also previous replies to the same question you posted three days ago -- did you mean to follow up to one of those replies?) -Mark Bole -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Y on October 24, 2009, 1:43 pm Please log in for more thread options Mark Bole wrote: > Y wrote: > > > What is the simplest way to avoid future correspondence (which > > always fills me with dread) with the IRS? > > Move and don't tell them your new address. > > See also previous replies to the same question you posted three days > ago -- did you mean to follow up to one of those replies?) > > > -Mark Bole I have NO IDEA how my post appeared twice. I only posted it once. And thanks for the replies. -- -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted State tax refund October 20, 2009, 4:10 pm taxable portion of state tax refund April 28, 2007, 5:03 pm State refund due to amended return March 8, 2009, 8:59 pm Constructive receipt of State Tax Refund April 12, 2009, 12:01 am why is 1099-G smaller than state income tax refund? 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