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CALIFORNIA: How much of the $1,500 State refund must a taxpayer include in their income for the year after they receive it, at the state
CALIFORNIA:
How much of the $1,500 State refund must a taxpayer include in their income for the year after they receive it, at the state level?
- $0
- $1,500, regardless of federal treatment
- $1,500, but only if it's taxable on the federal return, too
- $1,500 minus the cost of tax prep and other interconnected costs.
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
