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18019: 2023.02.11 Broadcast - IRS Issues Important News Regarding State Tax Payments


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2023.02.11 Broadcast - IRS Issues Important News Regarding State Tax Payments

 

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IRS Issues Important News Regarding State Tax Payments 

The Internal Revenue Service has issued guidance clarifying the federal tax status involving special payments made by 21 states in 2022. The IRS has determined that taxpayers in many states will not need to report these payments on their 2022 tax returns. See IRS News Release IR-2023-23 for complete details resolving this unique situation.

This content is intended for general information purposes only, and should not be construed as legal, tax or other professional advice.

 The following table is adapted from the IRS announcement. Review the IRS guidance and state instructions for details. 

Alaska

Energy Relief Payment (supplementing the Permanent Fund Dividend)

California

Middle Class Tax Refund

Colorado

Colorado Cash Back

Connecticut

Child Tax Rebate

Delaware

Relief Rebate Program

Florida

Pandemic Temporary Assistance to Needy Families

Hawaii Act 115 Refund
Idaho

2022 Tax Rebate

Illinois

Individual Income Tax Rebate


Property Tax Rebate

Indiana Automatic Taxpayer Refunds
Maine

Pandemic Relief Payments

 

New Jersey

ITIN Holders Direct Assistance Program

New Mexico

Multiple rebate and relief programs

New York

Supplemental Child Credit and Supplemental Earned Income Tax Credit

Oregon

One-Time Assistance Payments

Pennsylvania

One-Time Bonus Rebates

Rhode Island

2022 Child Tax Rebates

 


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