topic Re: Moving Expenses for Work in Get your taxes done using TurboTax

Moving Expenses for Work

sprattr69 — Fri, 14 May 2021 15:56:15 GMT

Hello,

Im trying to figure out how to report my moving expenses. I moved from Japan, to Florida recently (in March 2020)...and so I have to report $10.193.24 in Taxable Income. However, I dont see where I would enter that Income into Turbo Tax Basic software program.

I just need to know how to report this income, in Turbo Tax.

Thank you kindly.

Re: Moving Expenses for Work

DoninGA — Fri, 14 May 2021 15:57:27 GMT

Moving expenses are not deductible on a federal tax return unless you are active military on Permanent Change of Station orders.

Re: Moving Expenses for Work

sprattr69 — Fri, 14 May 2021 16:25:20 GMT

Thank you DoninGA for your Reply.

Yes...I understand its not deductible. I was just wondering if I need to simply add it to my reportable income somehow, for tax filing. I see that the $10k shows up on my Pay Stubs from my Employer....so..then I can I assume that its all figured into my W-2 Totals as well? If so...then I wouldnt need to report anything extra.

Thank you again for your reply.

Re: Moving Expenses for Work

DoninGA — Fri, 14 May 2021 16:36:51 GMT

@sprattr69 wrote:

Thank you DoninGA for your Reply.

Yes...I understand its not deductible. I was just wondering if I need to simply add it to my reportable income somehow, for tax filing. I see that the $10k shows up on my Pay Stubs from my Employer....so..then I can I assume that its all figured into my W-2 Totals as well? If so...then I wouldnt need to report anything extra.

Thank you again for your reply.

The employer provided income for the relocation should already be included on the W-2

Re: Moving Expenses for Work

ToddL99 — Fri, 14 May 2021 18:30:58 GMT

You do not need to "add anything extra" - the employer-relocation allowance was reported on your W-2.

As @DoninGA stated, "The employer provided income for the relocation should already be included on the W-2".

As you stated, "the $10k shows up on my Pay Stubs from my Employer."