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Repayment of Relocation Payment included in W-2 income.

codeblue123
Level 3

Taxpayer received a lump sum payment to relocate.  This lump sum payment was included on his 2018 W-2 as taxable income.  In 2019 he had to repay part of it to his employer.  The repayment amount was over $6,000.  Is there anyway that this repayment can be deducted or adjusted?  Has it or should it have been adjusted on his 2019 W-2.

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sjrcpa
Level 15

Research repayment under claim of right.

The more I know, the more I don't know.

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1 Comment 1
sjrcpa
Level 15

Research repayment under claim of right.

The more I know, the more I don't know.