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Relocation and Moving Expense Policy and Procedure Office of Disbursements Document Name: Relocation and Moving Expense Policy and Procedure Responsible Administrator: Senior Vice-President for Finance
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What is relocation and moving expense?
Relocation and moving expense refers to the costs associated with moving from one location to another for job-related purposes.
Who is required to file relocation and moving expense?
Employees who have incurred eligible moving expenses and wish to claim them as deductions on their taxes are required to file relocation and moving expense.
How to fill out relocation and moving expense?
To fill out relocation and moving expense, individuals need to gather all relevant receipts and documentation detailing their moving expenses, and then accurately report this information on the appropriate tax forms.
What is the purpose of relocation and moving expense?
The purpose of relocation and moving expense is to help offset the financial burden of relocating for job-related reasons by allowing individuals to deduct eligible expenses from their taxable income.
What information must be reported on relocation and moving expense?
Information such as receipts for transportation, lodging, and other related expenses must be reported on relocation and moving expense forms.
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