We have a client that got paid for 2022 2023 and 2024 social security in 2024 but had to repay a large portion of that to long term disability, how do we deduct this ?
We have a client that got paid for 2022 2023 and 2024 social security in 2024 but had to repay a large portion of that to long term disability, how do we deduct this ?
They say that you can itemize deduct with it if over $3000 or recompute tax and claim an over payment of tax. Not sure how to put this on the tax return.
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