DaveF1006
Expert Alumni

Retirement tax questions

No, here is how you report your Right of Repayment for the amounts you paid back to Social Security.

 

  1. Go to federal>deductions and credits
  2. Other deductions and credits>other deductible expenses
  3. Scroll past the first screen and in the second screen, you may enter a social security payment of $3000 or less. Here enter $3000. Continue to the next screen.
  4. Next screen asks if you have any of these other expenses. Say yes!!
  5. Next screen you will enter $23,000 under Right of Repayment over $3000.

These are now reported on your return as itemized deductions.

 

 

 


 

 

 

 

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