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First Published :Thu Sep 18 18:07:45 GMT 2014
Last Modified :Wed Jan 02 14:21:57 GMT 2019
Last Published :Wed Jan 02 14:21:57 GMT 2019
As an exception, the university may agree to provide a new employee with funds to help defray the costs associated with relocation to Tufts. Moving expense reimbursements may constitute taxable income to the recipient depending on how the funds are utilized and paid. As a result, we suggest you Contact TSS for advice prior to making the arrangements. Beginning 1/1/2018, all Moving Expenses will be taxable to the employee except for military-related moving expenses, for tax years 2018 through 2025.
The 2019 standard mileage rates for the use of a car/van/truck is 20 cents per mile driven for medical or moving purposes.
Departments should contact the Purchasing Office for assistance in establishing a purchase order with the appropriate van line company. In this case, the company will directly invoice Tufts for the costs associated with the move and the employee does not need to seek reimbursement.
Reimbursements made directly to the employee rather than to the moving company will be handled by TSS. For more information on Relocation and Moving Services offered through Coldwell-Banker see Relocation and Moving Benefit Procedure Information on AccessTufts. Payments and Tax ObligationsPrior to 1/1/2018, Per IRS definition, moving expenses fell into two categories; qualified and non-qualified, which determined whether they were taxable to the individual or not. As of 1/1/2018, all Moving Expenses are considered taxable, so the definitions of qualified and non-qualified are no longer needed.
qualified and non qualified expenses