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Level 2
posted Feb 6, 2023 5:37:42 PM

In 2020 I got $20k retention bonus to stay 2 more years. I quit after 1 year and had to pay back $10k. How can I get the taxes for those $10k back? I live in BC

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1 Best answer
Intuit Alumni
Feb 7, 2023 5:29:52 AM

To enter repayment was for salary or wages in TurboTax Online, click on Find (magnifying glass) in the top right-hand corner. Type "emp" in the box, then select "Employment Expenses" from the list, and click “Go”.

 

On the "Employment Expenses" page, click the “Yes” button. Select “T2200”, then click “Continue”.

 

On the "Employment Expense Profile" page, select “Other Employment Expenses”. Answer “No” to the question “Are you eligible to claim the GST/HST rebate?

 

On the "Employment Expense Profile" page, enter your salary/wage repayment in the box labeled “Other expenses” (the 9th box on the page). Click “Continue” to save your changes.

 

This will enter your salary/wage repayment on Line 22900 - Other employment expenses.

 

Thank you for choosing TurboTax.

1 Replies
Intuit Alumni
Feb 7, 2023 5:29:52 AM

To enter repayment was for salary or wages in TurboTax Online, click on Find (magnifying glass) in the top right-hand corner. Type "emp" in the box, then select "Employment Expenses" from the list, and click “Go”.

 

On the "Employment Expenses" page, click the “Yes” button. Select “T2200”, then click “Continue”.

 

On the "Employment Expense Profile" page, select “Other Employment Expenses”. Answer “No” to the question “Are you eligible to claim the GST/HST rebate?

 

On the "Employment Expense Profile" page, enter your salary/wage repayment in the box labeled “Other expenses” (the 9th box on the page). Click “Continue” to save your changes.

 

This will enter your salary/wage repayment on Line 22900 - Other employment expenses.

 

Thank you for choosing TurboTax.