840133
You'll need to sign in or create an account to connect with an expert.
you can not amend the 2017 return since the repayment occurred in 2018
if $3,000 or less not deductible in 2018 (it was a 2% agi item which was eliminated)
if over $3,000 claim as a credit on 2018 return.
recompute your 2017 tax without the reimbursement
the difference in tax between the original return and the recomputed return is claim as a credit on schedule 5 line 74 check box d and write IRC 1341
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bhat-mahima
Level 1
SanD8
New Member
kuma_tw
New Member
Rae2423
New Member
CAS21
Level 1