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Investors and rental owners
Did you receive a tax information slip showing this amount? What was the name of the slip and which box was the amount entered in?
As per the Canada Revenue Agency (CRA) this income may not be taxable if from an employer: Moving expenses paid by employer that are not a taxable benefit
As you mentioned it was from the government and this CRA link here mentions different: Moving allowance – Non-accountable moving allowances
We suggest you enquire with the CRA to clarify if the relocation assistance payment you received is in fact taxable income or not by calling 1-800-959-8281.
Thank you for choosing TurboTax.
April 15, 2023
6:57 AM