Qualified vs Non-Qualified Moving Expenses
The payment or reimbursement of moving expenses may affect the employee's tax liability. The new employee should be made aware of the potential financial impact:
QUALIFIED MOVING EXPENSES - Payments to vendors or reimbursements to employees for certain moving expenses will not be reported as taxable income on the WE Form if the following conditions are satisfied:
If you have any questions please contact Tony Montero, firstname.lastname@example.org at ext. 7-3085.
Updated April 2006 by Dianne Parkerson