Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Relocation fees
[ 5 Answers ]
I live in an apartment in San Pedro CA and the owner is in the process of selling the building. We agreed to take the offer to move "voluntarily" with the help of relocation money. I am under rent control and the escrow should close sometime between the 8th and the 12th of Dec. (a few days). We...
Relocation Bonus Tax
[ 11 Answers ]
I recently received my relocation bonus. The amount was $4800 ($7500-$2700(tax)). I did not relocate anything so I have no recipts. I did however rent a car to drive to the new location, and then another that I used for almost 2 weeks before I bought a car. Please let me know if and how I...
Relocation Bonus
[ 1 Answers ]
Hi, I'm going to be transferring within my company from the Washington, DC area to San Francisco. I've received a transfer package which includes the relocation package. I'm not sure what the rules are from a tax perspective, but I thought there were slightly different tax rules based on...
Relocation Bonus Question again..
[ 1 Answers ]
Hi Atlanta Tax Expert. Thanks a lot for your advice. However, I talked to my company today and they told me that IRS considers relocation allowance as a Bonus and it will be taxed at a higher rate which is 45%. Now, as I told you, I am on f1 status working on CPT in the state of California. Will... View more questions Search
|