Extension of limitation on exclusion and deduction for moving expenses
Title XI — Committee on Ways and Means, The One, Big, Beautiful Bill › Subtitle A — Make American Families and Workers Thrive Again › Part 1 — Permanently Preventing Tax Hikes on American Families and Workers
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No wording changed between Passed the House and On the Senate calendar.
How the text changed
(a) Termination of deduction Section 217(k) is amended— (1) by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (b) Termination of reimbursement Section 132(g)(2) is amended— (1) by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
(a) Termination of deduction Section 217(k) is amended— (1) by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (b) Termination of reimbursement Section 132(g)(2) is amended— (1) by striking, and before January 1, 2026, and (2) by striking 2018 through 2025 in the heading and inserting beginning after 2017. (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2025.
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