News & Resources

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IRS Allows Exclusion of 2017 Moving Expenses Paid in 2018

BY: APA Staff | 09/26/18

On September 21, the IRS announced that employer payments or reimbursements in 2018 for employees’ qualified moving expenses incurred before January 1, 2018, are excluded from the employees’ wages for income and employment tax purposes [IRS Notice 2018-75, 9-21-18].

To qualify, reimbursements or payments must be for work-related moving expenses that would have been deductible by the employee if the employee had directly paid them prior to January 1, 2018. The employee must not have deducted them in 2017.

Stay informed on all of the changes involving tax reform by signing up for APA’s Tax Reform: Preparing for 2019 webinar on Thursday, September 27.

To learn more about federal and state laws, regulations, and information to keep your company's payroll operations in compliance, check out Payroll Source Plus!