Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 5:54:45 AM

In 2015 I was overpaid $1,177+ by my college employer, which I repaid in 2016; so what form is used or how do I input this credit into my 2016 Turbo Tax (to be e-filed)?

0 1 383
1 Best answer
New Member
Jun 6, 2019 5:54:46 AM

You are able to claim a deduction for the amount that you repaid during 2016.

For repayments of less than $3,000:

  • Federal taxes - Deductions & Credits - Check for More Tax Breaks - Other Deductions & Credits - Show more - Other Deductible Expenses
  • When you get to the screen that shows Less Common Expenses, click Yes
  • Enter a description and amount that you repaid; click Continue

1 Replies
New Member
Jun 6, 2019 5:54:46 AM

You are able to claim a deduction for the amount that you repaid during 2016.

For repayments of less than $3,000:

  • Federal taxes - Deductions & Credits - Check for More Tax Breaks - Other Deductions & Credits - Show more - Other Deductible Expenses
  • When you get to the screen that shows Less Common Expenses, click Yes
  • Enter a description and amount that you repaid; click Continue