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State Income Tax Refund & Alimony

4491-08-C Income - State Income Tax Refund and Alimony v11.0 VO.pptx. State Income Tax Refund & Alimony. 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

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State Income Tax Refund & Alimony

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  1. 4491-08-C Income - State Income Tax Refund and Alimony v11.0 VO.pptx State Income Tax Refund& Alimony Tax Law Training (NJ) TY2011 v11.0

  2. 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” if have prior year information • Need prior year data to calculate whether partially taxable • If do not have prior year data, then all taxable – enter directly on 1040 Pg 1 line 10 Tax Law Training (NJ) TY2011 v11.0

  3. Alimony • Alimony Received Is Taxable Tax Law Training (NJ) TY2011 v11.0

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