Backstory: Was on LTD, filed for social security disability. Once approved from SSA, they issue a back payment and then I have to pay back my LTD to my disability provider.
I received a notice from my long-term disability provider that my taxable long-term disability benefits in a previous year or years were overpaid. It states I repaid $$XXXXX toward such overpayment during the calendar year of 2023. To the extent i repaid taxable LTD benefits to my disability provider that were included in Federal taxable income in an earlier year and that I may be entitled to a Federal income tax deduction or credit.
I also received my SSA-1099 statement and it shows an *which indicates $$XXX was paid in 2023 for 2022.
How do I correctly file this to ensure I am not overtaxed for the back payment?
