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1099-G Mailing Underway
Oklahoma taxpayers may begin seeing 1099G’s issued by the Oklahoma Tax Commission show up in their mailboxes. The 1099G reflects the amount of the income tax refund received in 2009 as a result of filing an Oklahoma tax return.
In some cases the amount of the 1099G may not be the same amount as the actual refund the taxpayer received. Part or all of the refund could have been used to pay on an outstanding liability owed to the State of Oklahoma including use taxes, balances due to other agencies/entities, or taxes due for a previous year.
If taxpayers did not itemize deductions on the Federal income tax return for the tax year shown in Box 3 of the 1099G then no further action is required from the taxpayer.
If a taxpayer itemized deductions on their Federal income tax return for the tax year shown in Box 3 of the 1099G and they have a filing requirement, then it may be necessary to report this amount as income on the 2009 Federal income tax return. Taxpayers should refer to line 10 instructions on the Federal Form 1040.
Taxpayers should remember that to avoid a delay in the processing of income tax returns, it is recommended that they file early and electronically. Electronic filing options, tax forms and instructions, and payment options can all be found in one place: www.tax.ok.gov.