§ 302-11.407 - What documentation must we require the employee to submit before paying residence transaction expenses?

§ 302-11.407 What documentation must we require the employee to submit before paying residence transaction expenses?

Cross Reference

Link to an amendment published at 89 FR 12256, Feb. 16, 2024.

Before paying residence transaction expenses, you must require the employee to submit:

(a) A copy of his/her the employee's financial documents which prove that only the employee and or a member(s) of the immediate family made payments on the property;

(b) A copy of his/her the employee's financial documents which prove that he/she the employee and/or a member(s) of the immediate family received all proceeds from the sale of the property;

(c) Documentation that is acceptable by you in verifying any interest that the employee has in the property; and

(d) Any additional documents that you need to verify payments.

[FTR Amdt. 98, 66 FR 58196, Nov. 20, 2001, as amended by FTR Case 2022-05, 89 FR 12256, Feb. 16, 2024]