@agrawal_aashish wrote:
Thanks @Opus 17 !
So in my case where they're doing the repayment adjustment against my after-tax bonus, seems like I claim the federal/state refund in my 2020 returns.
Is that straight-forward, and how would I do it using Turbo Tax online?
Thanks!
There must be instructions to make the IRS 1341 Claim of Right credit somewhere in the previous 6 pages of discussion, I'm not going to write them out again now. If you can't find them, ask in January. You can only claim this credit using Turbotax installed on your own computer from a CD or download (the desktop version) and you have to make a direct entry on one of the forms. Turbotax Online does not allow direct access to forms.
For your state tax return, you will need to research your state to see how to make a claim of right repayment claim. This will also require making a manual entry on your state tax return.
