turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

huffyy
New Member

I received unemployment benefits, and was charged $348 to be repaid, but I haven't paid them yet. Do I put $348 in the "2020 benefits repaid" section of the 1099 or $0?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I received unemployment benefits, and was charged $348 to be repaid, but I haven't paid them yet. Do I put $348 in the "2020 benefits repaid" section of the 1099 or $0?

You put zero, since you have not repaid them yet,  assuming you repay in 2021, you will claim the $348 on your 2021 return that you file in early 2022.

View solution in original post

1 Reply

I received unemployment benefits, and was charged $348 to be repaid, but I haven't paid them yet. Do I put $348 in the "2020 benefits repaid" section of the 1099 or $0?

You put zero, since you have not repaid them yet,  assuming you repay in 2021, you will claim the $348 on your 2021 return that you file in early 2022.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies