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Get your taxes done using TurboTax
One last question if anyone knows....My husband's repayment check was cashed in 2020 so I am dealing with it now on the 2020 tax return. My repayment check was just cashed 3 weeks ago in 2021(delayed due to coronavirus) but repays 2019 & 2020. I know that the SSA-1099 I get at the end of 2021 will not show the repayment because it crosses tax years. My question is can I include my repayment check with I recalculate the 2019 taxes or do I wait till next year and repeat this process with my own check when I do the 2021 taxes? His repayment was $17,251 and mine was $10,752 so both amounts are significant enough to want to claim tax credits. Just not sure which year to claim mine since the check was cashed in 2021.
‎April 4, 2021
4:11 PM