qbteachmt
Level 15

Employees and payroll

@Kristine Mae

 

Please Learn from this input. You need to warn them if they have it Wrong, Intuit warns them to Change it. There is no "qualified or not" any longer.

 

@stmaryssewanee

 

You didn't mention if this is Reimbursed to the employee in 2018 for costs incurred in 2017 or not. That is the Only consideration for "qualified as not taxable." Now, it is All Taxable.

 

Here:

https://taxnews.ey.com/news/2018-1880-irs-announces-that-certain-moving-expenses-incurred-in-2017-ar...

 

"Moving Expenses

Prior to the Act, an individual could claim an above-the-line deduction (a non-itemized deduction) for moving expenses paid in connection with commencement of work at a new principal place of work.  Alternatively, an employer could pay or reimburse an employee for moving expenses as a tax-free fringe benefit.

 

Beginning in 2018, an employee can no longer deduct moving expenses nor can an employer pay or reimburse an employee’s moving expenses on a tax-free basis. On the other hand, if an employer treats payment or reimbursement of an employee’s moving expenses as W-2 wages, the employer can deduct the payment as a compensation expense."

 

 

Only the Military still gets the moving expense on their personal tax form.