Please only respond if youve addressed this situation before
Wife erroneously put wrong dates on EDD forms, was disqualified, ordered to repay benefits + 30% penalty.
Can I claim the penalty anywhere on my tax return? Its quite hefty.
On the federal it says how much was repaid, the amount was $4050 reported on 1099G. The actual amount repaid was $5265 including penalty. Can I claim the full $5265 on my return (I am itemizing sch A so it makes a huge difference). Or is there another place I can claim the penalty amount ?
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Sorry ... you can only deduct the unemployment benefits you repaid ... the penalty is a personal non deductible expense.
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