AmyC
Employee Tax Expert

Get your taxes done using TurboTax

Since you repaid more than $3,000 in 2019, you can take the credit on your 2019 return. Here is how:

 

2018:

  1. Write down your 2018 tax liability the way it was filed.
  2. Go into your 2018 and reduce the income by the $xxxx that you paid back. Look at the new tax liability.
  3. Write down the new tax liability.
  4. Subtract the new tax liability from the original. This is how much you overpaid and is part of your 2019 credit.

2019:

Use the desktop program. If you are online, easy to switch. See below

Your 2018 over-payment is your credit. This is your right of claim credit. 

This becomes a credit on your return labelled as IRC 1341. This is schedule 3, line 13.

 

  • If you are online user, and have not purchased your software, simply buy the desktop version and download your .tax file so you don't have to do your taxes again. Any trouble, call support, link below. Here are desktop options.
  • If you have paid for your online taxes, call support and tell them the desktop program is required.
  • Please use the following link for a customer support number.

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