Anonymous
Not applicable

Get your taxes done using TurboTax

if you got the money in year 1 (say 2019)  but repaid in year 2 (say 2020)  you can not deduct the repayment in 2019.  there are special rules depending on whether the repayment was $3000  or more or not.  if this is the case post back in same thread so further guidance can be provided and also answer whether it was $3,000 or more