Moving Allowance Guidelines
In accordance with SIUE policy 5G2, new employees may be offered a moving allowance in their official offer letter using approved language. Employees will receive their approved allowance upon certifying they have relocated to the area by providing a Certification of Relocation form to the Hiring Department for their review and processing. The employee is not required to provide documentation of the amount of relocation costs incurred such as receipts or invoices. The employee shall not receive the moving allowance if the employee does not relocate to the area and certify such on the certification form.
Taxability: All payments for moving allowances are considered taxable wages and are subject to tax withholding. Under current IRS regulations, eligibility for deducting moving expenses is extremely limited, however employees should consult a tax advisor or visit the IRS website to address their specific circumstances.
For the full Moving Allowance Policy click here.
