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    • Managing Partner
    • Brochures
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  • Lifecycle
    • GAP Planning
    • Selling Versus a Family Succession
  • Services
    • Managed Accounting
    • Tax
    • Financial Reporting
    • Exit & Succession Planning
    • Restaurant & Hospitality Support
  • Careers
  • What’s Hot
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State Payments Excluded From 2022 Federal Returns

Individuals, News, NewsletterBy Jeff LuckeMarch 7, 2023

Taxpayers in 21 states received special payments related to general welfare and disaster relief in 2022. However, according to recently issued guidance from the IRS, they will not need to report these payments on their 2022 federal tax returns. The special tax refunds or payments made by certain states were related to the pandemic and…

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