turbotax icon
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.

Returning Member

Unemployment repayment

I was overpaid and I've been paying my overpayment through my unemployment  weekly benefits where they take 50% of my benefits. How do I report those payments since I'm not paying it cash or by check? Or are those included on the 1099 G? 


This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Would you like to view more questions that might be relevant?
3 Replies

Unemployment repayment

if the repayment is in the same year as received, the form should be net and there is nothing special you need do.  Check the form against the net amounts received   


if repaying in 2020 for a prior year overpayment and the repayments for the year are $3,000 or less, the change in the tax laws denies you any tax benefits.


if more than $3,000 you have an option

you can take as a deduction on schedule A line 16 denote as IRC 1341 repayment

recompute the taxes in the year you received the payment by excluding the payment.
the decrease in taxes is taken as a credit on schedule 3 line 12d denote as IRC 1341

Returning Member

Unemployment repayment

Hi, I have a follow up question to ask. Are you saying that if I am overpaid unemployment in 2020 (about $1,200), and if I repaid it in early 2021, I can't claim I repaid the 1,200 in either 2020 or 2021 tax return? 

Expert Alumni

Unemployment repayment

You are essentially correct.  If you made the repayment in the year after you received the unemployment it would fall under this rule:


If the amount of unemployment repayment is $3,000 or less, deduct it on Schedule A in the year you repaid it. The deduction is subject to the limit of 2% of your adjusted gross income (AGI).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies