Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Stucandu
New Member

Do I need to declare a tax refund as income?

 
1 Best answer

Accepted Solutions

Do I need to declare a tax refund as income?

No, you do not need to claim your tax refund as income on your tax return. The tax refund you get is already taxed and is an amount owing to you, so this money does not need to be declared on your tax return.

 

For more information on what is and is not considered taxable income please refer to the following article:

Who Is Required to File an Income Tax Return?

Thank you for choosing TurboTax

View solution in original post

1 Reply

Do I need to declare a tax refund as income?

No, you do not need to claim your tax refund as income on your tax return. The tax refund you get is already taxed and is an amount owing to you, so this money does not need to be declared on your tax return.

 

For more information on what is and is not considered taxable income please refer to the following article:

Who Is Required to File an Income Tax Return?

Thank you for choosing TurboTax