Relocation Repayment - Leaving Company
Hello,
I accepted a job offer that offered relocation reimbursement. However, my offer stated that if I left the company before three years I had to pay it back. When I filed my taxes the relocation money showed up on there but now that I am leaving they want me to give them a check for the full amount back. Being that I will be paying them back, can I use it as a deduction next year and if so how (I am cutting them a personal check so how will it show up on my W2?)
Thanks