wjm@whuxj.UUCP (MITCHELL) (02/21/84)
As far as I can tell from reading Publication 17 and other IRS literature, the law regarding state and local income tax refunds has not changed. If you receive a tax benefit by deducting the income tax for the year of the refund (this requires that you itemize your deductions) you must report the portion of the refund that resulted in a tax benefit as income on line 10 of the 1983 form 1040. Publication 17 has an example. All Form 1099-G does is tell you (and the IRS) how much the refund is, and like any other 1099 that you get from a bank, etc., does not have to be attached to your 1040. If you do not get a 1099-G, you should be able to get the amount of the refund from last year's state or local incopme' tax forms. For the record, I have yet to receive (Feb. 21, 1984 - 0841) a 1099-G from the State of New Jersey, so I suspect the "no 1099-G" problem is quite common. Bill Mitchell Bell Communications Research Whippany, NJ (whuxj!wjm)
sam@rocksvax.UUCP (Sam Houston) (02/22/84)
x The State of New York didn't send out any 1099G forms, either. Until it was mentioned, I had just ignored the 1040 instructions and deducted the state tax refund like always. After it was mentioned I went back and did the little worksheet exercise; with the same result! sam (in N.Y., the land of taxes)