Hi @maglib ,
Thank you for your reply.
They did it in 2024 and didn't issue any W-2 form for 2024 since I have left the company in 2023. They did provide me a W-2C for 2023. However, they didn't update the box 1 (Wages) and box 2 (Federal tax withheld) but updated box 3 (social security wages) and box 5 (Medicare wages) by subtracting the gross pay ($5200) and box 4 & 6 accordingly.
I found this document. And I believe it is suitable for my situation.
What is a claim of right repayment?
However, I am a little confused with the step 7 of Taking the Credit in TurboTax Desktop:
7. Adjust the income you originally reported by subtracting the amount you repaid. For example, if you reported $50,000 in income, but had to repay $9,000, you'll adjust the income to $41,000.
I am not sure if I should put $5200 (gross pay) or $3100 (net pay) for the repayment amount.
