topic I was paid a bonus in 2016 and in 2017 I had to payback a prorate of my unearned bonus, gross. I paid taxes on that income, where do I deduct that from my taxable wages? in Get your taxes done using TurboTax

I was paid a bonus in 2016 and in 2017 I had to payback a prorate of my unearned bonus, gross. I paid taxes on that income, where do I deduct that from my taxable wages?

kswank2 — Mon, 03 Jun 2019 19:01:46 GMT

I received a sign-on bonus in December 2016; I left the Company in October 2017. I had to payback a prorated amount of the sign-on bonus, gross. Since I paid taxes on the amount I paid back, how do I deduct that from my taxable income on my 2017 tax return?

How much did you have to pay back?

BobinCT — Mon, 03 Jun 2019 19:01:51 GMT

How much did you have to pay back?

Was the amount already subtracted from your 2017 W-2 box...

Opus 17 — Mon, 03 Jun 2019 19:01:52 GMT

Was the amount already subtracted from your 2017 W-2 box 1 wages? How much did you repay?

I'm checking to see if it was reflected in my W-2, but I...

kswank2 — Mon, 03 Jun 2019 19:01:53 GMT

I'm checking to see if it was reflected in my W-2, but I have a feeling it wasn't. The amount paid back was $1,000.

That's insane that I paid $300 (let's say) to the gov't o...

kswank2 — Mon, 03 Jun 2019 19:01:54 GMT

That's insane that I paid $300 (let's say) to the gov't on money I never got to keep, and I don't get any of that $300 back.

Call your congressperson. Unfortunately that's the law.

Opus 17 — Mon, 03 Jun 2019 19:01:56 GMT

Call your congressperson. Unfortunately that's the law.

If not reflected in your W-2, the amount is so small that...

Opus 17 — Mon, 03 Jun 2019 19:01:57 GMT

If not reflected in your W-2, the amount is so small that you probably can't get anything for it. Repayments of less than $3000 are a miscellaneous itemized deduction subject to the 2% rule. You would only get a deduction if your income is less than $50,000, and you itemize your tax deductions. Go to the bottom of the Deductions and Credits tab and run the interview for "other uncommon deductions." Turbotax will include it if it can.