Yes, but not with the Turbotax free online edition.
.
The credit is computed by refiguring the tax return from the previous year as
if the income had not been received. Then the difference in tax is claimed as a
credit on the current year's return. In
the forms mode (the forms mode is not available in the on-line versions of
TurboTax[TT]), you can use the line 73 smart work sheet to enter the credit
amount on line 73; select item D, claim of right under IRC 1341 for repayments.
TT will enter "I.R.C.1341" on
the line next to box d on line 73 of form 1040. TT does not do the calculation
or compare it to the alternate deduction.
So, the taxpayer has the option of
either claiming the credit or deducting the repayment as a miscellaneous
itemized deduction, whichever provides the greater benefit. But, you cannot
file an amended prior year return.
https://www.irs.gov/publications/p17/ch12.html#en_US_2016_publink1000172015
