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H
hspeck
Level 3
March 29, 2023
Question

Deductibility of indirect federal payments on state return

  • March 29, 2023
  • 2 replies
  • 23 views

Brokerage statement states TP received indirect federal payments.  Are these deductible on state tax return?

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2 replies

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community Champion
Intuit Community Champion
March 29, 2023

what is an indirect federal payment?  do you mean federal tax withheld?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    sjrcpa
    sjrcpa
    Level 15
    March 30, 2023

    Or do you mean some of the mutual fund dividends are attributable to indirect federal obligations?

    The more I know the more I don’t know.
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