juggerj1
New Member

Investors & landlords

Sorry, my situation is different.

My prior employer already paid the gross up tax amount ~12K and is shown as the withholding tax on my W2.

If I only claim the repayment amount, TurboTax will refund part of the gross-up tax to me because the withholding tax is too high after excluding the repayment amount.

My question is: is it okay for me to keep the refund amount from the gross-up tax portion?

If not, how do I remove the gross-up tax portion in Turbotax?

 

thanks.