My question is can we write off the move on our taxes?
2007-04-05 05:23:39 · 3 answers · asked by ReginaY 3 in Business & Finance ➔ Taxes ➔ United States
Only the amount you were not reimbursed for. If they paid for everything, you can't write anything off. Amounts in box 12 are not subject to income tax.
2007-04-06 18:25:59 · answer #1 · answered by Amy F 3 · 0⤊ 0⤋
Unless they included the reimbursement in box 1, then no, you can't write it off since YOU weren't the one paying it. If they did include the total in box 1, then yes, you could.
2007-04-05 12:47:57 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
If the code for box 12 is P, this means that the cost of the move was not included in your income, so you would not be able to deduct it, as the employer paid the expense not you.
http://www.irs.gov/publications/p521/index.html
2007-04-05 12:39:29 · answer #3 · answered by Rob 7 · 2⤊ 0⤋