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Deductions & credits
Thanks. I am trying this.
For calculating refund from last year, e.g. 2019 in your example, in turbotax, should I reduce the wages in box 1, 3 and 5 in W2 of any one employer by [Amount that I repayed in 2020]? And then at the top left, check what refund it shows? This is the refund amount that I would use as the credit for 2020, when I actually repaid the amount.
Is that right understanding?
‎February 1, 2023
5:20 PM