Hi @Opus 17 , all.
Thanks @Opus 17 for the response. I figured out that, actually, my company has provided me with "relocation tax assistance". So, what is reported in my W2 box 14 with code "RELOC" is the actual relocation expense that is incurred, and the total relocation amount which is reported as part of my wages in box 1 of my W2 is in fact the sum of that actual incurred relocation expense plus the tax assistance they have provided. Please note, there is nothing related to moving expenses reported under box 12 of my W2.
So, I'm reading in some websites that "You should also take a moving deduction if your employer included your reimbursement with wages in box 1 of Form W-2". Is this true, and does it apply to my case?
That is, can I report any/some/all of: (a) the total moving expense reported under box 1; (b) the actual moving expense reported in box 14; and/or (c) the tax assistance; as a deductible moving expense in my tax return?
Also, is there a difference between the federal tax vs. state tax (California, where my new company is) for this deduction, if applicable at all?
