ssdi back pay that was paid to ltd

Forum|Forum|1 year ago
April 9, 2025
2 replies
0 views

How do you report that the back pay from ssdi went to ltd. Ltd did not give us any tax forms for this tax year because the overpayment was larger then what they paid. I do not want to report the wrong numbers but do not want to be taxed on $ that we did not actually get.

Ask the Experts - Tax Due - April 2025

AmyC

Employee

You paid back money from more than just 2024 and I bet it was over $3,000. This means you can make a right of claim repayment. We follow the rules from IRS Repayment over $3,000. To do this in TurboTax, follow the steps in What is a claim of right repayment?

The IRC 1341 shows as a credit on Sch 3, line 13b and carries to the 1040 line 31.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

hsmomAuthor

Does that make me go long form/itemized? Or can I do it with the simple form/free edition?

RobertB4444

What is Itd?

@hsmom

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

AmyC

Employee

Schedule 3 is not available in the free version. You would need to upgrade. You don't itemize.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

hsmomAuthor

How do I calculate/report the income figures to report from LTD since they did not provide me with tax forms? They only sent me a letter saying they are not sending tax forms.

RobertB4444

You don't have to calculate what they paid. Only what you paid to them. The amount of SSDI that is reported to you that you didn't get to keep. That is the amount that you will use.

@hsmom

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"