Thank you to all those who replied. I'm glad I held off on
e-filing my return this evening. I guess I'll pay our HR
department a visit tomorrow morning.

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"R L" <rlelina[at]gmail.com> wrote:

- quote -

I would be sure to claim the moving expenses that were
reimbursed through form 3903. This will offset the income
they added to your W-2.

Wayne Rivers, CPA

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

"R L" <rlelina[at]gmail.com> wrote:

- quote -

Start by getting a copy of Publication 521 and digest the
section on reimbursements. It seems to me that your
employer did everything necessary, and more, to ensure an
accountable plan and then reported it as a nonaccountable
one. That costs both you and the company money in the form
of SS/Medicare tax on the reimbursement. Hopefully someone
just input the wrong code to the payroll system and they'll
get it fixed.

If it stays the way it is you need to file Form 3903 to
deduct the deductible expenses.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

- quote -

You still want to claim as much for the job change
deductions as you can document.

Many companies will provide a tax gross for relocation
income. And if you calculate it precisely, they've assumed
you claimed the decution and dont gross that portion. At
least that was my experience in several paid relocations.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

My new company relocated me and my family to Texas. All
deductible moving expense I know of have been paid for:
airfare; packing, moving, storage, and unloading of our
things, etc. I was not reimbursed, rather the company paid
for these directly -- the plane tickets and household good
moving was arranged and paid by my new employer's HR
department. These payments have been added to my income in
box 1 of my W-2 (so it was like I was reimbursed) and taxed
like regular income.

Do I have to do anything special regarding this income?

Thanks.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >