turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

A-O-
New Member

My employer payed relocation assistance, less than two years I got another job but was required to pay back 50% of the relocation, can I deduct this cost of $6,500?

I got the new job in 2017 and that company provided a relocation assistance, the requirement was to stay with the company for 2 years. A little over a year I had a great opportunity that came up and left that job. They required me to pay 50% of the relocation fee which I paid $6,500 in 2018, can I deduct this amount on my taxes? If so how?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JohnW15
Intuit Alumni

My employer payed relocation assistance, less than two years I got another job but was required to pay back 50% of the relocation, can I deduct this cost of $6,500?

Unfortunately, you can no longer deduct this expense under the new tax law.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies