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
Level 2
posted Mar 1, 2023 9:59:23 AM

Repay EDD overpayment

In 2021 received Edd overpayment of $3774 and repaid in 2022. Not received any forms from Edd. How to get the credit back?

0 4 708
1 Best answer
Expert Alumni
Mar 1, 2023 10:24:16 AM

If you repaid unemployment benefits to EDD, this is a claim of right repayment. You can only report it in the year you actually repaid the claim.

 

If your repayment is less than $3,000, you'll claim it as a Miscellaneous itemized deduction in Schedule A.

 

If the repayment is more than $3,000, please read this TurboTax Help topic on how to make the claim.

4 Replies
Expert Alumni
Mar 1, 2023 10:24:16 AM

If you repaid unemployment benefits to EDD, this is a claim of right repayment. You can only report it in the year you actually repaid the claim.

 

If your repayment is less than $3,000, you'll claim it as a Miscellaneous itemized deduction in Schedule A.

 

If the repayment is more than $3,000, please read this TurboTax Help topic on how to make the claim.

Level 2
Mar 1, 2023 11:52:26 AM

for less than $3000, what if i use standard deduction? 

Expert Alumni
Mar 1, 2023 12:14:13 PM

You will not be able to claim a credit, or deduction in your case, for amounts below $3,000.

 

Reference: Pub 525 

Level 2
Mar 1, 2023 4:58:45 PM