Search results

I received 1099G with the refund amount and I do itemize every year. So you don't really get to keep the total $5000 amount after all. It would be $5k minus the federal tax(deducted the following year). Thanks for the responses. That answered my question.

I leased my Leaf in 12/2013 and claimed the Georgia tax credit when I filed in 2/2014. I called Georgia EPA, IRS, checked forums. No clear answer. My tax consultant says the rebate amount claimed in 2014 is taxable. I finally filed returns last week and waiting for refund. My 2014 tax refund is...