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My excludable reimburserment for moving expenses is added to my income

My employer added or "taxed up" my income to cover moving expenses.  I've received an empolyee moving expense information form with Excludable and Taxable expeneses.  How do I claim these?
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1 Best answer

Accepted Solutions
MargaretL
Expert Alumni

My excludable reimburserment for moving expenses is added to my income

You can claim moving expenses (providing you otherwise qualify and meet time and distance tests) if they were included in your gross income (box 1 form W-2).  As you have correctly stated, they are taxed. Since you have paid tax on the expenses, they become deductible by you. Any expenses that were not taxed (those are probably your excludable expenses) cannot be deducted as that would be double-dipping. 

Moving expenses are entered in Deductions And Credits section:

  1. Federal Taxes
  2. Deductions and Credits
  3. Scroll down to Other Deductions and Credits
  4. Select Moving Expenses

 

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1 Reply
MargaretL
Expert Alumni

My excludable reimburserment for moving expenses is added to my income

You can claim moving expenses (providing you otherwise qualify and meet time and distance tests) if they were included in your gross income (box 1 form W-2).  As you have correctly stated, they are taxed. Since you have paid tax on the expenses, they become deductible by you. Any expenses that were not taxed (those are probably your excludable expenses) cannot be deducted as that would be double-dipping. 

Moving expenses are entered in Deductions And Credits section:

  1. Federal Taxes
  2. Deductions and Credits
  3. Scroll down to Other Deductions and Credits
  4. Select Moving Expenses

 

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