Guest MJ1 Report post Posted March 9, 2011 Section V.B.3 of 2008-113 provides that amounts which are repaid in correcting a mistaken payment may be deducted in determining AGI. On what line of the Form 1040 is this deduction reported? Share this post Link to post Share on other sites
Guest MJ1 Report post Posted March 10, 2011 Maaza5417 wrote: Section V.B.3 of 2008-113 provides that amounts which are repaid in correcting a mistaken payment may be deducted in determining AGI. Response: Yes, that is the section I am looking at; what's unclear to me is what specific line on Form 1040 the deduction is reported. Does anyone know? Share this post Link to post Share on other sites
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Guest MJ1 Report post Posted March 10, 2011 I believe the most logical place for the deduction is on line 21 (other income). Share this post Link to post Share on other sites
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