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Relocation reimbursement from box 12 code P being added to taxable income
I was reimbursed for all moving expenses by my company and they did a relocation gross up to cover taxes. However, I have an amount in box 12 with code P that I was reimbursed for that was separate from the gross-up. Turbotax is adding this amount to my taxable income, and because it wasn't part of the gross up, no tax assistance was provided by my company for that amount. I am unsure how to fill out the moving expense deduction Form 3903, because I was reimbursed for everything I paid for. The real issue is the code P 'excludable reimbursement' is being included in total income that I'm responsible for. How do I proceed?
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‎June 6, 2019
2:04 AM