CFR > Title 41 - Public Contracts and Property Management > SUBTITLE F—Federal Travel Regulation System > CHAPTER 302—RELOCATION ALLOWANCES (parts 302-1 to 302-17) > SUBCHAPTER B—RELOCATION ALLOWANCES (parts 302-3 to 302-3) > PART 302-3—RELOCATION ALLOWANCE BY SPECIFIC TYPE > SUBPART E—Employee's Temporary Change Of Station (§302-3.400 to §302-3.429) > 302-3.417—Will I have to pay any income tax if my agency pays for extended storage of my household goods?

302-3.417—Will I have to pay any income tax if my agency pays for extended storage of my household goods?

You will be subject to income taxes on the amount of extended storage expenses your agency pays. However, your agency will pay you a relocation income tax allowance under part 302-17 of this chapter for substantially all of the additional Federal, State and local income taxes you incur on the expenses your agency pays.