It depends.... Both times my employer reimbursed everything it showed up on my W2 in that Miscellaneous box with the letter codes. Is that represented on your w2? Are you absolutely positive it was taxed because that is not usually the case for per diem type stuff. Usually its only taxed if they offer it as a set amount (nice round number) as a signing or relocation bonus.
I've done this a couple times. Fill out the moving expenses form. There's a line to deduct whatever your employer paid for (W-2, code P), you can deduct anything remaining. It's form 3903 (USA)
Quote from: Sibley on February 20, 2016, 11:54:21 AMI've done this a couple times. Fill out the moving expenses form. There's a line to deduct whatever your employer paid for (W-2, code P), you can deduct anything remaining. It's form 3903 (USA)Fantastic, thank you! Now when it says the lodging from my old home to my new home this is just the lodging in transit and not the lodging expenses I had until I found somewhere to rent? (FYI: I stayed at a rate lower than what I was getting reimbursed and if hadn't of done it I would've lost out on the additional funds.)Thanks!
Quote from: Xlar on February 20, 2016, 12:10:45 PMQuote from: Sibley on February 20, 2016, 11:54:21 AMI've done this a couple times. Fill out the moving expenses form. There's a line to deduct whatever your employer paid for (W-2, code P), you can deduct anything remaining. It's form 3903 (USA)Fantastic, thank you! Now when it says the lodging from my old home to my new home this is just the lodging in transit and not the lodging expenses I had until I found somewhere to rent? (FYI: I stayed at a rate lower than what I was getting reimbursed and if hadn't of done it I would've lost out on the additional funds.)Thanks!Read the instructions for the form. I think it's the transit costs, not temporary housing, but I never did that so not 100%. Also, for the employer reimbursement - it has to be specified as such on the W-2. If they didn't do the code right, then it's just taxable income :)
If your moving reimbursement is on your W-2 and you are using tax software, when it asks you if your employer gave you any money for moving say "no" unless you want it to count twice.