joanmcq Posted April 19, 2007 Report Posted April 19, 2007 I posted this in another forum but didn't get any useful responses. TP had SSI back pay, and had to report repayment to Unum in 2004, and apply for a credit under claim of right for 2005. Does VT have a similar credit for 2005 under claim of right, or some other provision to recoup tax paid on income that was repaid? Or is it a misc itemized deduction like claim of right under $3,000? This is a repayment of about $20,000. Quote
redux Posted April 19, 2007 Report Posted April 19, 2007 I posted this in another forum but didn't get any useful responses. TP had SSI back pay, and had to report repayment to Unum in 2004, and apply for a credit under claim of right for 2005. Does VT have a similar credit for 2005 under claim of right, or some other provision to recoup tax paid on income that was repaid? Or is it a misc itemized deduction like claim of right under $3,000? This is a repayment of about $20,000. Joan I responded to your other post on this...follow this link http://www.atxcommunity.com/index.php?showtopic=19 Quote
joanmcq Posted April 19, 2007 Author Report Posted April 19, 2007 Couldn't remember where I posted. The question is, under what claim would he file the amended for 2005? Quote
redux Posted April 19, 2007 Report Posted April 19, 2007 Couldn't remember where I posted. The question is, under what claim would he file the amended for 2005? I sent you a private message. Quote
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