Do u receive a tax break for repayment of overpayment of unemployment benefits in same year

[xmasbaby0]

You want to know if repaying an overpayment of unemployment compensation is deductible? No it is not.  

[Anonymous]

If you repaid the overpayment of unemployment benefits in the same year you received them — Subtract the amount of unemployment repayment from the total taxable amount you received. Report the difference as unemployment compensation.

[Critter]

The TT program makes it easy ... see the screenshot in the answer below.  

[Critter · Accepted solution]

When you enter the 1099-G in the program there is a box for the repayment amount done in the same tax year ... so the payment out (box 1) and the repayment  is netted on your return ... the 1099-G should have that amount listed.