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Jan 29, 2015
11:35:36pm
Any accountants on board? My wife is preparing our taxes and just got our 1099G
back. We got a state tax credit (Rural practitioner tax credit of 5,000) for 2013 which put our return at 5,284 dollars. From what I have read about the 1099G, the tax credit shouldn't apply and be taxed for this year (Its only what you deducted on last years taxes that exceeds what you owed, the credit is separate from that). The extra 284 dollars may need to be included, but not the 5,000 right?

I know I know, we need to hire an accountant, and we just may still.
cougaman
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cougaman
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