JamesG1
Expert Alumni

Get your taxes done using TurboTax

You are saying that disability insurance income of $15,000 was received and repaid in 2020?

 

The issuer should correct the W-2 to reflect the repayment in 2020.  Have you discussed this with the insurance company?

 

Correcting the income is preferable to the IRS Claim of right repayment treatment on your tax return.

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