Additional Guidance on Taxable Moving Expenses for Civilians

[The Patriot]

Additional Guidance on Taxable Moving Expenses for Civilians

02-13-2019 09:00 PM

The Tax Cuts and Jobs Act, passed in December 2017, eliminated the moving expense deduction for civilian employees. For tax years 2018 through 2025, many moving benefits paid to DoD civilian employees and contractors are now taxable, regardless of whether the employer reimbursed the employee for their out-of-pocket moving expenses or paid the expenses directly. However, THIS NEW TAX DOES NOT APPLY TO HOUSEHOLD GOODS AND VEHICLE SHIPMENTS TO AND FROM OVERSEAS ASSIGNEMENTS.

More...