Year-end 1099 statements inform recipients about income they received during the previous year. The 1099-G is issued by government agencies such as the Department of Revenue for use in filling out your federal income tax return.
The IRS requires the Colorado Department of Revenue to provide Form 1099-G to taxpayers who may have itemized deductions on their federal return the previous year. The form is in postcard format. A separate copy of your 1099-G is sent to the IRS. Amounts on this form include:
- the Colorado income tax refund you received the prior year (The 1099-G does NOT include the 2015 TABOR refund.)
- any overpayment credited to the following year’s estimated tax
- any overpayment applied to a prior year’s balance due
- any overpayment intercepted by the IRS or by a state agency
- contributions to any of the voluntary checkoff funds
- Taxpayers who itemized their deductions using Schedule A on last year’s federal return must use this information to complete their federal return this year. Taxpayers who took the standard deduction on last year’s federal return generally will not report the refund on their federal return.
If you do not receive the 1099-G in the mail or have questions regarding the 1099-G you received, please contact our Tax Information Call Center at 303-238-7378.
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