The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Oprah and tax trouble?||Date: 4/26/2005 8:59 PM|
|Author: whyohwhyoh||Number: 78979 of 125454|
more generous moving allowances
It all shows up as taxable income on the W-2, along with the appropriate withholdings.
I got hit with this once. I thought it was great when I negotiated a better moving contract... additional one month in a high-end apartment... additional storage time...
I was clueless about the tax implications.
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