Federal no; the other , yes.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
When you file for the federal tax refund, you will file the state tax refund on the same 1040 form with schedule A.You can also file for that separately.
You can file a federal tax return and get a refund regardless of the status of your state taxes. If you owe overdue taxes to the state and they have gotten around to it, the state can intercept your federal refund. So, your refund might go to paying your overdue state taxes instead of being sent to you. But unless you file a federal tax return, no refund will be generated and your state taxes will not be paid.
Yes. State refund must be claimed as income on your federal return.
You do not have to report any income tax refund on any tax forms, it is not income.
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
When you file for the federal tax refund, you will file the state tax refund on the same 1040 form with schedule A.You can also file for that separately.
You can file a federal tax return and get a refund regardless of the status of your state taxes. If you owe overdue taxes to the state and they have gotten around to it, the state can intercept your federal refund. So, your refund might go to paying your overdue state taxes instead of being sent to you. But unless you file a federal tax return, no refund will be generated and your state taxes will not be paid.
Yes. State refund must be claimed as income on your federal return.
Legally, YES.
You do not have to report any income tax refund on any tax forms, it is not income.
In the U.S., your federal income tax refund does not count as taxable income for the next year. If you receive a refund from your state, and you itemized your deductions on the federal return, then the state refund will count as income on your federal return. (If you didn't itemize, then your state refund won't count as income.)
Yes, your refund is an asset and subject to lien.
Yes. Unreturned unemployment benefits overpayments may be deducted from your federal income tax refund.
yes; it is considered federal debt and federal debt can be and probably will be taken from your refund (if it is in a collection status)
Residents of all states pay federal taxes. Texas does not have a state income tax. If you lived in a different state and worked in Texas, you still have to pay state tax in the state you lived in. If you don't owe any federal tax, your tax professional will file a tax return to the federal government which will get you a refund.
It is not difficult for a person to find the status on their federal or state income tax refund. The federal income tax refund status is located on the IRS website. Most states also offer status updates on tax refunds on the state's website or the state treasurer's website.