In Feb 2024, my wife's employer paid relocation fees, which is now showing as added income to our taxes. Move from Texas to Washington. We also sold our home of 8 years in April 2024 at a gain, but I believe tax rules say we will not get penalized for selling. We did receive interest gains on keeping the amount in a high yield CD.
I haven't input what taxes we paid on our home.
With all of these "gains" we owe a lot more money this year.
The ask, is there anything we can do to lower what to pay? Especially since the income was for a move?
