No, that is incorrect. However, if the payment was less than $3,000, it will not be deductible so it won't matter.
If the payment was more than $3,000, you will want to amend your 2020 return since it was repaid in 2020. You don't have paperwork showing the amount you repaid I guess.
Eventually, the company will send you a letter stating the amount of repayment. If you get it before we shut down filing for the season, you may be able to efile it. Otherwise, you will have to mail it.
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