I filed an application for retirement benefits with SSA in November 2024, and a few days later filed a request to withdraw. However, SSA deposited benefits totaling over $26,000 in my bank account before finally granting my request to withdraw four months later. I repaid the full amount of the benefits, and have bank records showing that SSA cashed my repayment checks. In the midst of all that, SSA issued me a Form 1099-SSA that does not reflect my repayment of benefits. Box 4 states NONE.
I have requested verbally and in writing that SSA issue a corrected Form 1099-SSA. To date, I have not received it.
My questions:
1. Is there a way to file my tax return without paying taxes on the amount I repaid? If so, how do I best do that and lessen the chances of an audit or flagging by the IRS?
2. Is it better just to include the erroneous 1099-SSA in my return and pay taxes on the amount I repaid, and then file an amended return once I (hopefully) receive the corrected 1099-SSA?
Thanks in advance for your recommendations.
