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JBSA News

Tag: moving expenses

Moving expenses now taxable for Department of Defense civilian employees, contractors
November 27, 2018 — The Tax Cuts and Jobs Act, passed December 2017, eliminated a number of deductions that taxpayers have come to rely on. One of these was the moving expense deduction. The act eliminated the deduction for the tax year 2018 through the tax year 2025. However, the deduction will come back in 2026 unless Congress intervenes to eliminate it permanently. This change does not apply to military personnel, but does apply to Department of Defense civilian employees and contractors... MORE

The Tax Cuts and Jobs Act, passed December 2017, eliminated a number of deductions that taxpayers have come to rely on. One of these was the moving expense deduction. The act eliminated the deduction for the tax year 2018 through the tax year 2025. However, the deduction will come back in 2026 unless Congress intervenes to eliminate it permanently. This change does not apply to military personnel, but does apply to Department of Defense civilian employees and contractors.