Can I amend my 2021 return for a claim of right repayment above $3,000? A Retention bonus was received in Dec 2021 (taxes withheld) but repaid back in May 2022.

[NCperson]

that would be part of your 2022 tax return. 

[Mike9241]

I'll give you a heads up for 2022. you'll need to recompute your 2021 federal taxes by reducing box 1 on the w-2 by the bonus repaid. the decrease in taxes is taken as a credit on schedule 3 line 12d denote as IRC 1341.

there is another option but the one above is usually best. on the 2022 schedule A take as a deduction on line 16 and  denote as IRC 1341 repayment 

[NCperson]

https://ttlc.intuit.com/community/unemployment-taxes/help/what-is-a-claim-of-right-repayment/00/2153....

[surevimal]

thanks!