Section 35 Tax Considerations of Relocation Payments

• Library: Condemnation Practice 2009

Relocation payments under the URA are not to be considered income under federal law, specifically for Internal Revenue Service purposes or for determining eligibility under the Social Security Act, 42 U.S.C. §§ 301 et seq. 49 C.F.R. § 24.209. Therefore, under this provision, the amount received as a relocation assistance payment, regardless of the purpose for which it was received, is...