terryn
Level 2
a month ago
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The CT refund was for the taxes withheld on a 1099R that was paid into the trust in 2024. There was no tax liability, and no deduction was taken for the tax. I understand that a refund is only taxable to the extent you took a deduction for the taxes paid, but I wondered if in this case it would be payment of the balance of the 1099.