When is 1099 g taxable

View solution in original post. Thank you for the answers I was sure that it was all taxable but wanted to have it confirmed. Welcome back! Ask questions, get answers, and join our large community of tax professionals. Sign In. Enter a search word. Turn off suggestions. Enter a user name or rank. Turn on suggestions.

Showing results for. Check your state department of revenue website to see if the state issued additional directions. However, because she received a tax benefit from deducting those taxes on her federal return, the state refund payment will be taxable to her for tax year To determine the taxable portion, she will refer to the Form Instructions, line Some states simply mail a postcard with instructions on how go online and download your G.

These are shown in Box 5. Taxable grants received from federal, state and local governments. These are shown in Box 6. Taxable payments from the Department of Agriculture. These are shown in Box 7. Market gains on Commodity Credit Corporation loans. Enter any amount of a taxable grant administered by a federal, state, or local program to provide subsidized energy financing or grants for projects designed to conserve or produce energy, but only with respect to energy property or a dwelling unit located in the United States.

Also, enter any amount of a taxable grant administered by an Indian tribal government. State and local grants are ordinarily taxable for federal income purposes. A federal grant is ordinarily taxable unless stated otherwise in the legislation authorizing the grant. Do not report scholarship or fellowship grants.

Enter USDA agricultural subsidy payments made during the year, including market facilitation program payments. If you are a nominee that received subsidy payments for another person, file Form G to report the actual owner of the payments and report the amount of the payments in box 7. If the amount in box 2 is a refund, credit, or offset attributable to an income tax that applies exclusively to income from a trade or business and is not a tax of general application, enter an "X" in this box.

See Pub. They are provided for your convenience only and need not be completed for the IRS. Use the state information boxes to report payments for up to two states. Keep the information for each state separated by the dash line. In box 10a, enter the abbreviated name of the state. In box 10b, enter the filer's state identification number. The state number is the filer's identification number assigned by the individual state.

In box 11, enter the amount of any state income tax withheld. If a state tax department requires that you send them a paper copy of this form, use Copy 1 to provide information to the state tax department. Give Copy 2 to the recipient for use in filing the recipient's state income tax return.

Home Instructions Instructions for Form G Box 1. Unemployment Compensation Box 2. I received a the dollars back after submitting paperwork to Hawaii that the sale was a capital loss. I received a G from Hawaii for the dollars.

Do I need to report the G as income on my Federal tax and if so where? How did you resolve this issue? I have the same problem for tax year I also live in California and sold property in Hawaii. The property was sold in and I received a G indicating the refund for tax year I itemize my taxes. Can I just not include the tax withheld from my Schedule A and also not include it in as a tax refund in from ?

On the form G in box 3 it says I have a You may have been due a refund, which should have been reflected on your state return, but it was kept by the taxing agency to reduce a previously existing tax liability.

If your state return did not indicate a refund, then you need to contact the state taxing agency to clarify why they think you got a refund. We live in Mississippi and worked in louisianna. I got a refund last year, I have no idea what this form is for. I live in texas. I got one from the state of cali, worked there for 2 weeks in Now in taxes, they are are wanting me to pay taxes on my refund? They have got to be kidding? Well nevermind, i guess it is cali. We put in a solar system last year.

How do I report this on my IRS tax forms? Is it income? Ron Y — did you get a response from Mike?