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To be clear, I mean if your employer incurs $20k in costs for relocation for you. Not if you get a '$20k' relocation allocation and you only spend, say, $5k. T
by Kirby64 4y ago
To be clear, I mean if your employer incurs $20k in costs for relocation for you. Not if you get a '$20k' relocation allocation and you only spend, say, $5k.
The tax rules changed in 2018, any relocation-related expenses are considered taxable as income with no exceptions (unless you're in the military).