I made the mistake of not reimbursing, but claiming a deduction on my 1120s for business mileage from 2016 to 2019.
In 2020, my s Corp reimbursed me for that outstanding mileage, using the correct amount for each year.
Do I now list the reimbursed amount as an expense for this year's tax return? The issue is I already previously listed it as a deduction but never actually did the reimbursement. My guess is I just don't list it at all?
