I am getting a "paid move" through the government for a new job. They said the money they reimburse me is going to show up as income on my taxes. Can I write that off or what is the best way to proceed with that to where it doesn't negatively affect me?
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The Tax Cut and Jobs Act removed the deduction for unreimbursed employee business expenses, including moving expenses, except for members of Armed Forces, Reservists, Qualified Performing Artists, Fee-basis State and Local Government Officials, and employees with impairment-related work expenses.
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To add to what FranklinF said, some employers will cover the taxes. If this is your situation, it means they "gross up" (or actually increase the amount) to cover the taxes on the additional income. It might be a good idea to talk to your relocation specialist or employer to learn if they hand it this way.
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