Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83; site eisx.UUCP Path: utzoo!watmath!clyde!floyd!whuxle!spuxll!eisx!drv From: drv@eisx.UUCP (Dennis Vogel) Newsgroups: net.taxes Subject: More on state income tax Message-ID: <696@eisx.UUCP> Date: Tue, 28-Feb-84 09:22:47 EST Article-I.D.: eisx.696 Posted: Tue Feb 28 09:22:47 1984 Date-Received: Wed, 29-Feb-84 11:49:40 EST Organization: American Bell, South Plainfield NJ Lines: 16 I'm getting confused on this business about declaring state tax refunds as income in the following year. What I think I'm hearing is that if I overpay my tax through state witholding (on money that I have already payed federal tax on for the year it was earned) and get a refund of my overpayment it should be declared as income. Unless I'm not figuring it right, I was already taxed on it once, wasn't I? I just sent some money to the state to hold for me in anticipation of the tax I would owe. (Not by choice, mind you. The state like the feds like us to pay-as-we-go.) Why should I have to treat as income money that is rightfully mine and has already been taxed once as income? Someone please explain what's going on here. Dennis Vogel, AT&T Information Systems Labortories