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Author: CPAScott Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120802  
Subject: Re: Moving Expenses Date: 3/5/2001 11:14 AM
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I moved this past year for a new job, and my employer paid my moving expenses. The money was paid directly to the moving company. I just recieved a 1099-misc form for the amount paid to the moving company. Is this amount considered taxable income? How should this be handled for tax purposes?

The only reason you should have received a 1099 from your employer for moving expenses they paid is if what they paid for included:

1. Non-deductible expenses, such as meals, expense of buying or selling your house, real estate taxes, car registrations, etc.
2. The expenses were paid under a nonaccountable plan. A nonaccountable plan is one in which BOTH "adequate accounting" and "return of excess reimbursement" is not required by the employer.

However, because you did not receive a reimbursement (your employer paid the expense directly to the moving company), I don't see any reason why they should have issued you a 1099 -- it appears to have been issued in error. Perhaps other tax professionals on this board can enlighten me if I am missing something here.

CPAScott
(who doesn't think he's missing anything)
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