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1099G - California

Hi,

I received a 1099G form that shows a dollar amount in box 2, "State income tax refunds, credits, or offsets."

When I google 1099G it says this, "You received a Form 1099-G because it appears you claimed state income tax payments as an itemized deduction on Schedule A of your Federal Income Tax Return for the tax year listed in Box 3 and received a refund, credit, or offset of $10.00 or more from your California Personal Income Tax Return."

My question is, does this basically mean I just filled out the Schedule A Form 1040 OR did I do something wrong?

thanks!

Reply to
nospam
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The first choice. You probably did nothing wrong. If you had a tax benefit from deducting the state income tax paid in 2007, then the refund is often partly or fully taxable for 2008. See IRS Pub 525 and Form 1040 worksheet.

-Mark Bole

Reply to
Mark Bole

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