Home › Fairmark Forum › Other Tax Topics › Government pension offset revisit › Reply To: Government pension offset revisit
January 29, 2022 at 7:37 pm
#77420
Kaye Thomas
Moderator
The answer is no. These adjustments are made for the year of the repayment, even if part or all of the repayment relates to a previous year. In your case, the full amount of the repayment is applied against 2021 income even though part of the repayment relates to amounts received in 2020.