Moving Expenses [1]
The Tax Cuts and Jobs Act, passed in December 2017, impacts the tax treatment of moving expenses.
With the Suspension of Exclusion for Qualified Moving Expense Reimbursement, and the Suspension of Deduction for Moving Expenses, all employee moving expenses paid by CU are now taxable (earnings code MVT). This applies whether CU is reimbursing employees ... or paying moving companies directly on their behalf.
In addition, individuals can no longer claim deductions for unreimbursed moving-related expenses.
Moving Services Expenses
Moving Expense Reimbursements
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Controller