TSS - Moving Expenses

Moving Expenses

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First Published  :Thu Sep 18 18:07:45 GMT 2014
Last Modified  :Fri Mar 12 14:33:48 GMT 2021
Last Published  :Fri Mar 12 14:33:48 GMT 2021
Summary : 

Response

Primary Information

    As an exception, the university may agree to provide a new employee with funds to help defray the costs associated with relocation to Tufts.

    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.

    Preferred Movers


    The rate for 2021 is 16 cents per mile driven (https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2021).  

    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 Obligations
    As of 1/1/2018, all Moving Expenses are considered taxable, so the definitions of qualified and non-qualified are no longer needed. 
    Taxes on Reimbursed Moving Expenses will show on your paycheck as "tx not pd" under the Earnings.

     

Related Information

Information

Keywords

    qualified and non qualified expenses