bill6
Level 3
04-24-2021
01:42 PM
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What does that mean?
I am trying to figure in which direction it should go on the state income tax return. Is it an addition to income as the second half of the name would suggest? Or a fee as the first half suggests?
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IRonMaN
Level 15
04-24-2021
02:08 PM
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Sounds like you have something to add back on the beneficiaries' state income tax return.
Slava Ukraini!
BobKamman
Level 15
04-24-2021
02:12 PM
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Added back to income for the state -- either income not taxed on the federal (like tax-free bonds from the wrong state) or a deduction not allowed by the state (like state taxes).