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chunchih
New Member

There is code P in Box 12 of W2 because we have reimbursed moving expenses. But Turbotax said that is only Armed Forces members. Is there something wrong with Turbotax?

 
1 Reply
KarenJ
Intuit Alumni

There is code P in Box 12 of W2 because we have reimbursed moving expenses. But Turbotax said that is only Armed Forces members. Is there something wrong with Turbotax?

Due to the change in tax laws at the very end of 2018, the deduction for moving expenses has been eliminated through tax year 2025.  The one exception is for military members who were ordered to move to a new permanent station.

There were many changes made for the 2018 tax year.  For example the standard deduction was almost doubled.

Please see below for the a TurboTax FAQ on how the 2018 tax reform will affect your 2018 federal tax return.

https://ttlc.intuit.com/replies/6971774


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