What if I repaid some of my unemployment benefits?

If you received an overpayment of unemployment compensation in 2014, and you repaid any of it in 2014, enter the amount of the repayment on the Unemployment Compensation screen and it will reduce the amount of unemployment compensation reported as taxable income. You can find this screen by following the menu path Income > Common Income > Unemployment Compensation.

If you received an overpayment of unemployment compensation in 2013 or earlier, and you repaid any of it in 2014, you can deduct the amount you repaid in 2014 as an Itemized Deduction. To do this, enter the amount of the repayment as a miscellaneous deduction on the Other Itemized Deductions Screen. You can find this screen by following the menu path Deductions/Credits > Itemized Deductions > Other Itemized Deductions.

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