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TaxIgnorant1
New Member

Are moving expenses deductible? employer paid for it and put it all in paycheck as taxable income ((17K+4K moving expenses) + 7K as tax assistance) all in box1 in W2

Employer move us to another state, we are going to be here for 2 years. employer added 17K+4K for moving expenses + 7K as tax assistance in the paycheck. taxes were paid for the 28K. all 28K are accounted in box 1 in W2.
can we deduct this?
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Accepted Solutions
xmasbaby0
Level 15

Are moving expenses deductible? employer paid for it and put it all in paycheck as taxable income ((17K+4K moving expenses) + 7K as tax assistance) all in box1 in W2

No.  Moving expenses except for members of the military have been eliminated as a deduction by the new tax law.

https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply
xmasbaby0
Level 15

Are moving expenses deductible? employer paid for it and put it all in paycheck as taxable income ((17K+4K moving expenses) + 7K as tax assistance) all in box1 in W2

No.  Moving expenses except for members of the military have been eliminated as a deduction by the new tax law.

https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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