@carf01 wrote:
Hi,
Hi, I am leaving my current employer and I must pay back my relocation package to him that i got in 2019. If I pay back the full amount (included taxes Gross-Up – Federal, Gross-Up – FICA and Gross-Up – Medicare). How can I get a credit for those taxes gross-up? they are more 3K. they are including in my W2 as wage (line 1). Please provide help
If you paid back the income you received in 2019 then you can report that on your 2019 tax return. If the income is paid back in 2020 then that would be reported on your 2020 tax return.
When were these funds paid back to the employer?
