Tax reform changes qualified moving expense reimbursements

 

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December 11, 2018

Under the Tax Cuts and Jobs Act, employers must include moving expense reimbursements in employees’ taxable wages.

Generally, members of the U.S. Armed Forces can exclude qualified moving reimbursements if:

  • They’re on active duty
  • They move per a military order and incident to a permanent change of station
  • The moving expenses would qualify as a deduction if they didn’t get reimbursement

Employers may exclude any 2018 reimbursements or payments on behalf of employees for a move that took place before January 1, 2018 and would have been deductible had they been paid before that date.