In short
The One Big Beautiful Bill Act permanently eliminates the deduction for moving expenses and the exclusion for employer reimbursements of them, except for active-duty military members moving under orders.
Key takeaways
- Employer-paid moving costs are therefore taxable wages for most employees.
- From 2026, certain members of the intelligence community also qualify.
- The deduction was first suspended for 2018 through 2025.
Where it's tested
REG: Individual Taxation: Adjustments & Deductions — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Under the One Big Beautiful Bill Act, what is the state and local tax (SALT) deduction cap, and is it permanent?