State income tax refund alimony l.jpg
This presentation is the property of its rightful owner.
Sponsored Links
1 / 4

State Income Tax Refund & Alimony PowerPoint PPT Presentation


  • 81 Views
  • Uploaded on
  • Presentation posted in: General

4491-08-C Income - State Income Tax Refund and Alimony v1.0 VO.ppt. State Income Tax Refund & Alimony. LEVEL 2 TOPIC. New Jersey Income Tax Refunds. Reported only if Taxpayer itemized deductions last year. Claimed deduction for state/local income tax

Download Presentation

State Income Tax Refund & Alimony

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


State income tax refund alimony l.jpg

4491-08-C Income - State Income Tax Refund and Alimony v1.0 VO.ppt

State Income Tax Refund& Alimony

LEVEL 2 TOPIC

NJ Training TY2010 v1.0


New jersey income tax refunds l.jpg

New Jersey Income Tax Refunds

  • Reported only if Taxpayer itemized deductions last year.

    • Claimed deduction for state/local income tax

    • Not reported if Sales Tax deducted in prior year

  • Report on line 10 – Form 1040

    • Link to “State Tax Refund Worksheet”

      • Need prior year data to calculate whether partially taxable

      • If do not have prior year data, then all taxable

NJ Training TY2010 v1.0


1099 g with state refund l.jpg

1099-G With State Refund

2008

NJ Training TY2010 v1.0


Alimony l.jpg

Alimony

  • Alimony Received Is Taxable

NJ Training TY2010 v1.0


  • Login