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Deductions & credits
Moving expenses are not deductible any longer but the relocation company really gave you a good deal ... not only did you get money to move they spotted you more than enough to cover the taxes on the entire payout. Be happy ... you got a great deal especially since part of the $15K they sent for withholding you will probably be refunded to you.
‎October 22, 2020
5:18 PM