Taxable Employee Moving Expenses – May Now Be Processed Using the Add Pay Form or Upload

Effective 1/1/2018, all permanent staff and faculty moving expenses are considered taxable.

• Payroll Administrators may process new employee out-of-pocket moving expenses which do not require being grossed-up using the Pay Form – Addl Pay Preparer Form or Upload template. Use earnings code MVN and object code 6200.
• Payments which must be grossed-up or payments to 3^rd parties (such as movers or Citibank) must still be processed using an Additional Compensation 3^rd Party Payment Form using earnings code MVN or MV3 and object code 6200.

A quick reference table on processing employee moving expenses may be found here.