Relocation Reimbursement
Expenses incurred while moving to a new location can be deducted when filing your taxes. This assumes that you met the standard threshold, otherwise it won’t even count for those in the higher income brackets. The IRS tax topic for this information is: Topic 455 - Moving Expenses.
For Quicken users, you might want to set up a category using tax line item Form 3903 as shown here:
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Sure. Don’t tell the nice people whose brilliant idea this was….
After all, I am so proud I thought of something financial to contribute.
This post has been edited per M.B.’s and R.S.’s verbal comments. I had originally and incorrectly made it sound like the IRS will fully reimburse you when, in fact, it is just a tax deduction (and even then you still need to qualify based on your income bracket).