I have a slightly different scenario that I need your assistance.
In July 2023, I took early social security retirement benefits. In March 2024 I cancelled my social security retirement benefits and repay everything back to social security. I received SSA-1099 for 2023 and 2024. The social security benefits I received were reported and taxed in my 2023 tax filing. How do I report in my 2024 tax filings that all social security benefits were repaid in March 2024? How do I amend my 2023 tax (filed) about this adjustment? . I am using the TurboTax Premier Desktop version 2024. Any help is greatly appreciated!
My 2024 SSA-1099 form:
Box 3: $5,382
Box 4: None
Box 5: $5,382
My 2023 SSA-1099 form:
Box 3: $13,035
Box 4: None
Boc 5: $13,035
