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I was given a relocation sum of money. My company paid taxes on that portion of money. How can I take that into effect when filing my taxes?

Forum|Forum|7 years ago
June 5, 2019
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Best answer by DianeW777

The amount that was paid as a withholding tax, even if paid by your employer, should be included on the W2 form you receive. The income will be taxed and the federal withholding in total will be in box 2.

Enter the W2 exactly as it appears and TurboTax will do the overall calculations when you finish.

D

DianeW777Answer

The amount that was paid as a withholding tax, even if paid by your employer, should be included on the W2 form you receive. The income will be taxed and the federal withholding in total will be in box 2.

Enter the W2 exactly as it appears and TurboTax will do the overall calculations when you finish.

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