I resigned from my former employer in April and had to repay the signing bonus that I had received in February. Despite several unsuccessful attempts to have my former employer adjust the paystub to reflect the bonus repayment, I was informed by their HR department that there is a way to claim a deduction for the repayment on my 2023 tax return, which led me to discover Section 1341.
Here are my questions:
1. Is the employer obligated to issue the correct W-2 form for my situation?
2. Can I claim the deduction for the repayment on our 2023 tax return, even if both the bonus receipt and repayment occurred in the same year, 2023?
3. Since I only have W-2 income, which schedule, or form should we use to claim the deduction? Can I use the same method as when you make a claim of right repayment, either calculate the credit or take a duction?
