Re: MCTR-MIDDLE CLASS TAX REFUND TAXABLE ON FEDERAL AND TAX FREE ON STATE

abctax55 · ‎01-31-2023

Here is my post, from a week ago, with the link to Dave's article - which represents his extremely well thought out & documented 'opinion'

Dave Fogel is one of THE smartest tax preparers around, and know CA inside/out:

His article gives a lot of substantiation to exclude the MCTR from taxable income for Federal purposes.

YMMV & consider disclosures.

Tax software is no substitute for a good tax professional

HumanKind... Be Both