Notice code 129

Notice code 129 (Default) — We didn’t allow the negative entry of unemployment compensation reported on page 1 of your tax retur…

We didn’t allow the negative entry of unemployment compensation reported on page 1 of your tax return. You can only reduce your unemployment compensation by the amount received and repaid in the same year. Note: If you have other itemized deductions in addition to repayments of unemployment compensation , you may file Form 1040X, Amended U.S. Individual Income Tax Return, and Include them on Sche…

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129

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What the IRS language says

We didn’t allow the negative entry of unemployment compensation reported on page 1 of your tax return. You can only reduce your unemployment compensation by the amount received and repaid in the same year. Note: If you have other itemized deductions in addition to repayments of unemployment compensation , you may file Form 1040X, Amended U.S. Individual Income Tax Return, and Include them on Schedule A, Itemized Deductions, to reduce your tax. Repayments of unemployment compensation that you included as income in an earlier year can be claimed as an itemized deduction on line 23 of Schedule A, Itemized Deductions.