Was i supposed to receive a travel W-2 or P code on box 12?

[aspiringchristian105]

First time PCSing, I did a full PPM. I received my travel voucher pay out in dec of 23 and my tmo voucher payout in jan of 24. I do not have a travel/misc W-2 nor anything on my W-2 for box 12 P code.

My voucher for TMO states:

GCC: $15018.63 Expenses: $5548.25

PPM Entitlement 15018.63

FITW-Deduction (2083.48)

Total 17102.11

Do i still answer yes to "did you move in 2023?" and if/what do i report? I know i paid the FITW deduction already. So its a bit confusing to me, plus with the addition of the voucher payout time frame.

I chatted with one source and they didnt know what a voucher was and just told me to do a form 3903, which im assuming the miltax questions asked during the moving expenses is filing out for me anyways so i left the chat as they were no help.

 

[catholicmagus]

@aspiringchristian105 I expect that in 2025, when you get your W-2 for 2024, you will see the PPM payout on it. See this section in IRS Publication 17, When Do I Report My Income and Expenses? Unless you use an accrual method of accounting (which you probably don't, if you're asking this question), you account for things when you actually incur the income or expense. Since the PPM voucher wasn't issued until this year, you won't handle it on your 2023 tax return.

For the purpose of completing your 2023 return, you could try answering "yes" and seeing what questions get asked. Looking at your voucher payout, I'm guessing you don't have any unreimbursed expenses, so you should be able to answer no to all those questions.

 

[aspiringchristian105]

@catholicmagus Thanks! Sounds like next year's problem

 

[anonymous00000001]

@catholicmagus I've always received a separate travel W-2, rather than my normal W-2 including the PPM payout.

But the overall point that the paid in '24 means that it is filed in '25 for '24 taxes is correct.

 

[mercedesduran]

@aspiringchristian105 Did you check MyPay for the extra W2?

 

[aspiringchristian105]

@mercedesduran No W2C or anything under travel misc, I'm leaning towards not seeing it until next years unless I open a cms case.

 

[mercyngrace]

@aspiringchristian105 I just went through the exact same situation. PCS’d in 2022, got my voucher paid in 22 but not my ppm until 23. So you will get that travel w2 when you file your 2024 taxes in 2025.

 

[aspiringchristian105]

@mercyngrace When you filed your 22 taxes, and it asked about moving expenses, what did you put?

 

[mercyngrace]

@aspiringchristian105 To be honest with you, I don’t remember lol. I wish I could be more help. I just checked my turbo tax but it doesn’t say exactly how I answered it just has all my documents.