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New Member
posted Jan 31, 2023 5:41:09 PM

I have a dfas form 705 that says my payment of a debt I pad It says that I should be able to put it as a miscellaneous deduction, where do I put this info in?

I have a debt to the government and they took my tax check last year. The form says that it will assist me in reducing my tax liability for calendar year 2022 but I’m not seeing where I can input that information

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2 Replies
Expert Alumni
Jan 31, 2023 6:08:11 PM

it depends. What kind of a debt was it? Most debts paid to the federal government are punitive in nature therefore not deductible but this depends on what type of debt you paid back.

Level 15
Jan 31, 2023 6:14:32 PM

It's deductible as a miscellaneous expense only if it was not subtracted from your W-2 or 1099-R already. See https://ttlc.intuit.com/community/taxes/discussion/i-have-received-a-form-705-from-dfas-the-overpayment-by-department-of-defense-established-as-a-debt/00/110236