- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I've received a relocation package from my employer that was grossed up/tax assisted and included as income in my W-2. Can I still claim these as deductions?
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I've received a relocation package from my employer that was grossed up/tax assisted and included as income in my W-2. Can I still claim these as deductions?
If the amount was included as income in Box 1 of your W-2, you can deduct moving expenses.
You can type the words moving expenses in the Find field on the upper right,
hit enter and
then click on the Jump To that appears below.
You can also go to the Federal Taxes tax, Deductions and Credits right below.
If you see Choose What I Work On, select that. If not,
just scroll down to Other Deductions and Credits and
Start or Update Moving expenses.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I've received a relocation package from my employer that was grossed up/tax assisted and included as income in my W-2. Can I still claim these as deductions?
If the amount was included as income in Box 1 of your W-2, you can deduct moving expenses.
You can type the words moving expenses in the Find field on the upper right,
hit enter and
then click on the Jump To that appears below.
You can also go to the Federal Taxes tax, Deductions and Credits right below.
If you see Choose What I Work On, select that. If not,
just scroll down to Other Deductions and Credits and
Start or Update Moving expenses.
Still have questions?
Make a post