Are moving expenses taxable?
The following expenses are taxable:
- The cost of meals incurred while traveling to the new employment site
- Pre-move house hunting expenses (travel, lodging, and meals)
- Post-move temporary quarters (lodging and meals)
- Real estate expenses
- Mileage in excess of the prevailing IRS rate. The current rate for 2023 is 65.5 cents per mile.
- Storage costs