Relocation within 50 miles
Asked Jun 17, 2008, 07:22 AM
I was wrking in Danbury for my parent company (which is an Indian softwre firm) for an American corporation. I recently relocated to Stamford (30 miles from Danbury) for the same parent company but for a different american client. My parent company refiuses to give me settling down expenses as they say that the IRS guidelines say that I have to have moved for more than 50 miles. But I thought I can claim that expense and still make it a taxable component. Please throw some light on this...