tag:blogger.com,1999:blog-8073388874370843409.post7277153781860424628..comments2024-03-24T15:28:52.511-04:00Comments on Charlie Brown's Teacher: Screams from the Dining Room TableBecky@CharlieBrownhttp://www.blogger.com/profile/03124299328123305857noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8073388874370843409.post-46239730269933733232012-02-10T21:21:45.845-05:002012-02-10T21:21:45.845-05:00Got this comment from a an accountant friend:
&quo...Got this comment from a an accountant friend:<br />"Federal refunds from last year are not taxable. State refunds ARE taxable (if you itemized last year) because you did NOT pay tax on that income last year...follow the math from where the state income taxes are added to Schedule A and that number from the bottom of Schedule A gets placed on your 1040 page 2. You'll see that the state (and local if you have some) income taxes were not included in your taxable income last year. Since you didn't pay tax on it last year, it is taxable in the year you receive the refund. Sorry."<br /><br />Oddly, it didn't make Clay feel any better. :)Becky@CharlieBrownhttps://www.blogger.com/profile/03124299328123305857noreply@blogger.comtag:blogger.com,1999:blog-8073388874370843409.post-87276537779592668642012-02-04T16:03:13.270-05:002012-02-04T16:03:13.270-05:00I love how God pairs us up with wonderful men wher...I love how God pairs us up with wonderful men where we can balance each other out :) And I totally let Amos do the tax thing :)Jesshttps://www.blogger.com/profile/12593136730149117882noreply@blogger.com