Re: Nebraska has a property tax credit that is refundable after the income tax withheld credit. When itemized deduction is used in prior year should this refund be taxable?
Nebraska has a property tax credit that is refundable after the income tax withheld credit. When itemized deduction is used in prior year should this refund be taxable?
It seems that the refund of the credit should not be taxed the following year. ProSeries automatically brings the refund to the current year and adds it to income. Has anyone had experience with this and should a work around be used?
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