Thank you for your reply. Just to clarify the bonus was received in 2021 and repaid in 2022. I went round and round with the company to receive a corrected w-2 and/or pay back the net, but I had to pay back the gross. I didn't have a solution by the time I had to file the 2022 return, so went ahead and filed, and figured I would find a way to amend. The company did issue a corrected W-2 just to me without the bonus, so I was able to see what the difference was in unemployement taxes. I would think an amendment would be the best path forward, because if I simply reduced my income, in the current year, it wouldn't match up with the current W-2 and would raise a flag to the IRS? In addition, the tax rates might be different in a different year. So I believe the claim of right credit in the year repaid is the right approach. I appreciate your thoughts regarding the difference between the refund per the 1040X & revision per the 1040. I so ahead with filing and hope for the best! Thanks again.
