If My husbands company pays him money to relocate, and the W2 shows the inflated income bc of the relocation money. Should I adjust?

The company pays the taxes on the relo money

posted

Connect with an expert

1 Reply

If My husbands company pays him money to relocate, and the W2 shows the inflated income bc of the relocation money. Should I adjust?

There is nothing to adjust. There is no deduction available for relocation money. It is taxable.

Still have questions?