Menu

Search

Knowledge Base


11541: 1040 - Repayment of Unemployment Received in Prior Year


1040 Individual

Where would I enter current-year repayment of unemployment compensation that was received in a prior year?

 

If you repaid unemployment compensation in the current year that you included in your income in an earlier year, you may be able to deduct the amount repaid on Schedule A (Form 1040), line 16, if you itemize deductions and the amount repaid is more than $3000. See the Schedule A Instructions and Publication 525 for more information.

Some states may not conform with these guidelines.


Also In This Category


On a scale of 1-5, please rate the helpfulness of this article


Not Helpful
Very Helpful
Optionally provide private feedback to help us improve this article...

Thank you for your feedback!


Details
Article has been viewed 31K times.
Last Modified: 4 Months Ago
Rated 2 stars based on 1 vote
Options