ST Alpha - "I can't think. Tax question." (Reading a Post)

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I can't think. Tax question.

Posted by Chicken Little (aka nubby) Jan 31 '09, 15:07

When I was hired, I had up to $1000 in moving expenses. I only used $300 of it. On my W-2, my salary for last year is listed, and the $300 from the moving expenses is listed separately. Should I be taxed on that $300?

Responses:

if you moved stuff by yourself, deduct a tank of gas or 2 -- nm - peglegpete Jan 31, 15:44
I would think you could use $300 in expenses as an offset. That's how it works in canada - more - Beaker Jan 31, 15:28
Shown as non-employment compensation or similar? Seems you'd show it as income, then deduct an equivalent amount for moving expense. - MojaveMeg Jan 31, 15:18 2
- The problem is that I don't meet the distance test, so Form 3903 is out. -- nm - Chicken Little Jan 31, 15:24
- umm, yes, I forgot to say take the deduction -- nm - tRuMaN Jan 31, 15:18
I wouldn't pay that -- nm - Tom Daschle Jan 31, 15:14
umm, they paid for it? - tRuMaN Jan 31, 15:08 6
- don't you guys get to claim the expense as an offset? -- nm - Beaker Jan 31, 15:28 2
  - His employer paid it, if I'm understanding correctly, so it's like income. -- nm - mara Jan 31, 15:38 1
    - And I would be able to deduct it, but I didn't move very far. (see above) -- nm - Chicken Little Jan 31, 15:41
- Damnation. -- nm - Chicken Little Jan 31, 15:09 2
  - I could look it up at home, or you could go to irs.gov and search for this item. -- nm - tRuMaN Jan 31, 15:10 1
    - No, I'm pretty sure you're right. -- nm - Chicken Little Jan 31, 15:23

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I can't think. Tax question.

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