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Deductions & credits
You will have to report the W-2 including the bonus on your 2021 tax return.
In 2022, when you repay the bonus, you will make a claim of right repayment.
If your repayment is less than $3,000, you'll claim it as a Miscellaneous itemized deduction in Schedule A.
If the repayment is more than $3,000, please read this TurboTax Help topic on how to make the claim.
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‎April 7, 2022
11:00 AM