Solved

I'll use the claim of right deduction to get back taxes on a bonus (more than 3K) received in 2015 that I had to repay in 2016. Do I have to show some proof of repayment?

Forum|Forum|7 years ago
June 3, 2019
1 reply
0 views

I have a copy of the check that I gave my company when I repaid that bonus, and also I have a letter of the company explaining the repayment. Should I include them in my return somehow or should I just keep them for my records?

TurboTax Self Employed Online

Best answer by Phillip1

You need to keep the records of the repayment with your other tax records. If the IRS wants to question the repayment, they will request the documentation either in a letter or if (for some reason) your return was selected for an audit.

P

Phillip1Answer

Employee

You need to keep the records of the repayment with your other tax records. If the IRS wants to question the repayment, they will request the documentation either in a letter or if (for some reason) your return was selected for an audit.