Does a particular state follow the federal suspension of miscellaneous itemized deductions for taxable years 2018 through 2025 or federal net operating loss (NOL) carryforwards or carrybacks? When is the return due and how is tax determined? Quick answers to these questions and more can be found in this handy chart that summarizes common individual state tax matters.
Related resources
PPP State Tax Treatment Chart – Use this chart to identify released state guidance regarding the tax treatment of loan