Net benefits, in box 5 of SSA-1099, represents gross benefits (box 3) less repayments (box 4). As long as the amount in box 5 is positive, any repayment in box 4 is included in net benefits and need not be reported separately. Enter the net benefits from box 5 in the Net benefits field of screen SSA.
If you repaid benefits from a lump-sum distribution in a prior year, click this link for instructions on How to Claim Tax Paid on Prior Year Benefits.
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