I was required to pay back Third Party Sick Pay that I received in 2019 once my Social Security Disability Benefits were approved and I received a lump sum from SS. I have read Publication 525 and understand that since the amount is over $3,000 I can either use Method 1 which takes a deduction on Schedule A for the amount paid back - (I have figured out how to do this) or Method 2. However, Method 2 allows instead for a tax credit of the difference in tax due for 2019 with and without the paid back money. Since Method 2 is to my advantage I need to figure out how to enter this in Turbo Tax. I know it needs to come from Schedule 3 but don't know how I go about entering this in Turbo Tax. I have Turbotax Premier edition.
