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Should tax refund be listed as income on schedule I?

Updated: 8/16/2019
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15y ago

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No. It is either cash (if received) or a receivable. It is not income.

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15y ago
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Q: Should tax refund be listed as income on schedule I?
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Where can I find a tax refund schedule online?

A tax refund schedule can be found online at various different site. Some of these include http://www.irs.com/2011-federal-tax-refund-schedule/ as well as http://www.efile.com/tax-refund/where-is-my-refund/. where is my refund


When filing for the state income taxes do you receive your federal income tax refund as well as your state income tax refund?

No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.


Is your income tax return qualify as 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.)


What is a tax refund schedule?

A tax refund schedule is an attached worksheet that provides more information. You typically see schedules when someone itemizes.


Will IRS still take your income taxes after filing chapter 13 bankruptcy?

If you still owe federal income taxes, they will. But if they don't take it, the chapter 13 trustee gets the tax refund. You should have listed any income taxes that were dischargeable (due more that 3 years prior to the filing date).


Can you still get a refund with no income?

No


Is tax refund an income?

No


When will I get my Alabama tax refund?

Depends on when you filed. Check the tax web site for their refund schedule .


When you file for the federal tax refund do you file the state tax refund separately or on the same form 1040 with schedule a?

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.


Do you have to claim a state tax refund on your federal taxes as income?

Yes. State refund must be claimed as income on your federal return.


should my daughter claim her tax refund too?

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Do you have to claim federal tax refund on Oregon state return?

You do not have to report any income tax refund on any tax forms, it is not income.