...
Type of Moving Expense | Limits | Additional Information | Tax Impact |
---|---|---|---|
Compensation | |||
Salary while house hunting & moving | Up to ten days off with pay | Only when moving or house hunting is done after hire date | Taxable |
House hunting | |||
Transportation between new and old location | Up to two round trips for one person or one round trip for two persons | Common carrier fares or private vehicle mileage at 5758.5 cents per mile (effective 01/01/2020) will be reimbursedEffective 01/01/2021: | Taxable |
Transportation in vicinity of new location | Up to 200 miles | $57$58.5 cents per mile effective 01/01/2020$56 cents per mile effective 01/01/20212022 | Taxable |
Meals and lodging | Up to ten days. (Limit is combined with limit for meals and lodging while moving - see below.)Lodging: $140/day employee only. $210/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60/day employee only. $120/day employee plus household members.Effective 01/01/2021: | Lodging: $138/day employee only. $207/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60$64/day employee only. $120$128/day employee plus household members. | Taxable |
Temporary Living | |||
Meal and lodging expense in new location | Up to 45 days Lodging: $140/day employee only. $210/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60/day employee only. $120/day employee plus household members. Effective 01/01/2021: | Lodging: $138/day employee only. $207/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60$64/day employee only. $120$128/day employee plus household members. | Taxable |
Moving | |||
Moving company or van rental | Up to 20,000 lbs., insurance, extra handling charges, 90 days storage. (See Tax Considerations for additional information.) Packing, crating and unpacking - up to $1,000.00. | Approval required for reimbursement of cost of moving personal effects in excess of 20,000 pounds | Taxable |
Transportation of employee and household members | Up to two one-way common carrier fares, or vehicle mileage | Common carrier fares or private vehicle mileage at 5758.5 cents per mile (effective 01/01/2020) will be reimbursedEffective 01/01/2021: | Taxable |
Meals and lodging | Up to ten days. (Limit is combined with limit for meals and lodging while house hunting - see above.) Lodging: $140/day employee only. $210/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60/day employee only. $120/day employee plus household members. Effective 01/01/2021: | Lodging: $138/day employee only. $207/day employee plus household members (1.5 times the employee only lodging per diem). Meals & incidentals: $60$64/day employee only. $120$128/day employee plus household members. | Taxable |
Miscellaneous | |||
Closing costs, utility hookup, etc. | Up to $1,500.00 | Must submit receipts | Taxable |
...