8/22/2015NJ Training TY 20081 State Income Tax Refund & Alimony Module NJ 1.15.2.

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Presentation transcript:

8/22/2015NJ Training TY State Income Tax Refund & Alimony Module NJ

8/22/2015 NJ Training TY 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 Worksheet – Need prior year data

8/22/2015 NJ Training TY G With State Refund 2008

8/22/2015 NJ Training TY Alimony Alimony Received Is Taxable