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Get your taxes done using TurboTax
you are no longer allowed to deduct a claim of right repayment. since it's over $3,000 you must go back to the year you got the money. then compute your taxes assuming you never got it. the decrease in tax is claimed as a credit on schedule 3 line 13. label it as "claim of right IRC 1341"
‎January 9, 2021
12:19 AM