For tax years beginning January 1, 2018 through December 31, 2025, all payments for moving/relocation will be included as taxable income to the employee. Offer letters including relocation assistance should include the following language: “Per the Tax Cuts and Jobs Act, effective January 1, 2018, all payments for relocation assistance are now taxable income to the employee. Please consult a tax professional for specific tax counsel and advice.”
Once a faculty member is ready to initiate the relocation process, a departmental administrator should submit a Relocation Initiation Form, attaching a signed Relocation Repayment Agreement. Faculty Affairs will then authorize the move with the relocation company, and a customer service representative will contact the faculty member to make arrangements.
After the move, the faculty member should submit receipts to the departmental administrator, who will complete the Relocation Reimbursement Expense Request and the request to Faculty Affairs. Requests should arrive in Faculty Affairs no later than 50 days after the move.