This is a claim of right repayment. You can only report it in the year you actually repaid the claim (2021 in your case).
As the repayment is more than $3,000, please read this TurboTax Help topic on how to make the claim.
This is a claim of right repayment. You can only report it in the year you actually repaid the claim (2021 in your case).
As the repayment is more than $3,000, please read this TurboTax Help topic on how to make the claim.
I will have to file a right of repayment this year due to paying back a bonus of greater than $3000. I will have to go the refundable credit route, as I am taking the standard deduction on my taxes. I need to take the credit in turbo tax cd/ download. What version of the software do I need to purchase?
You would be able to Use TurboTax Deluxe to file the Claim of Right.
I have already started and have almost completed my taxes in the online version. If I switch to the downloaded deluxe edition will I be able to upload the work I have completed?