Repayment of reserves

[catcasillas35]

We had to repay the reserves because my husband receives a disability check the w2 says we made 5132 but we payed back 3520

[Carl]

Rerpot the W-2 exactly as printed. Assuming the payback was done in 2016, here's how to handle the payback.

Under the Deductions & Credits tab scroll down to the Other Deductions & Credits heading. Under that heading elect to start/update Other Deductible Expenses.
 - For Generation Skipping taxes, click NO
 - For Less Common Expenses, click NO
 - For Any Other Deductions, click YES
 - Enter the amount you paid back in tax year 2016 in the box for "Claim of Right Repayment (only if over $3000)" and click Continue.
 - click Continue again, and that does it.