I left a job that provided a $10k bonus last year before my contracted time was up. I always knew that I was going to have to pay back the bonus and tried to contact them to no avail. Now the following year and three months later, I finally got the letter to start the process. Since this was given last year, I have already paid taxes on the money and filed the extra income with my taxes and submitted in April. They are requesting the entire amount. How can this happen if I have already taken the tax hit? I really do not want to file an amendment after the fact, as everything seems complicated a year later. What is my recourse and what is the best way to handle this?
Any help would be greatly appreciated.
