Moving Expenses

An employee must meet the following criteria to be eligible to have moving expenses paid by the university:

(1) Be employed to fill a regular, full-time position within the university;

(2) Be faculty, administrator, or professional and administrative staff; and

(3) Use the approved moving company that has a master contract with the university.

Effective January 1, 2018, the Internal Revenue Service (IRS) treats moving expenses as taxable fringe benefits. All moving expenses, whether provided in-kind or reimbursed directly to the employee, are subject to federal, state, and local income tax withholding, social security, and Medicare taxes and will be reported in boxes 1, 3, and 5 of the employee's Form W-2.

To establish employee eligibility for moving expense reimbursement and to assure maximum cost savings.

http://louisville.edu/hr/policies/definitions

The unit head is responsible for deciding whether to pay the cost of moving as part of a recruitment package and arranging funding prior to making any commitments to prospective employees. Funding for the reimbursement of moving expenses must be provided from the unit's operating budget.