Get your taxes done using TurboTax

Yes, you can claim a credit or deduction for the amount of the repaid bonus in the year it was paid back.

To enter your repayment information in TurboTax Online:

1. Click Federal on the left side menu.
2. Click Deductions & Credits.
3. Scroll down and click Show more to the right of Other Deductions and Credits.
4. Click Start to the right of Other Deductible Expenses.
5. Proceed through the screens until you get to the Did you have any of these less common expenses? screen.  If your repayment amount was $3,000 or less, answer Yes.  Otherwise, answer No.
6. On the next screen, Did you have any of these other expenses?, answer Yes if your repayment amount was over $3,000.
7. Report your repayment amount in the Claim of right repayment over $3,000 box, then select Continue at the bottom of the screen.
    

The W2C that you received is only correcting your Medicare wages and Medicare tax withheld. If it is for 2022 wages, you can just change the amounts for boxes 5 and 6 on the W2 screen. Leave the other entries the same as the original W2. 

1. Select Federal on the left side menu.
2. Select Wages & Income toward upper left.
   Click Edit to the right of Job (W2).
3. Click Edit to the right of your W2 entry.
4. Click Continue.
5. Make your corrections on this page.
    

If it is for an earlier year, you can amend your return for that year, but it is not likely to change your refund. Click here for help with that.