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View Full Version : Relocation Money-Does anybody get it?


newsismylife
10-17-2007, 09:16 PM
Has anybody had any success getting much in the way of relocation expenses?

Rad
10-17-2007, 09:27 PM
Yep, never had a problem getting it from the future employer... and as Chief, I was able to get it for new hires. Usually comes with some sort of strings though, like having to pay it back if you quit within a certain time frame. I know people who have declined it just for that reason.

tvguide
10-18-2007, 11:43 AM
3 of the 4 stations I've worked for paid moving expenses. Sometimes all you have to do is ask.

bluffton
10-18-2007, 02:39 PM
Usually comes with some sort of strings though, like having to pay it back if you quit within a certain time frame. I know people who have declined it just for that reason.

That would make me wonder how long they planned on statying. I've only worked in one place so bad that I hate everything about it and the city, but when I take a job I commit for at least a year. It's only decent and fair if they are going to pay for my move.:D

Vidman
10-18-2007, 02:50 PM
I had one station pay up to $500 with no strings, and another pay up to $1000 with the one year commitment. Either way its just barely enough to move it all your self, while on air staff always seem to get "professional" movers.

Land Rover
10-18-2007, 04:31 PM
I got a few hundred bucks I put towards the moving truck when I moved to Dallas.

NEWSSHOOTER3
10-18-2007, 06:59 PM
Yeah, we do. Anyone interested? PM me...

svp
10-18-2007, 07:09 PM
A few years ago I was offered a job (that I ultimately didn't take) and asked about moving expenses and they offered $1000 but I told them there's no way I would take the job and move that far ($33k/year) without $2000 up front for moving expenses, and I'm not talking about saving receipts and getting reimbursed. After waiting while the Chief Photog talked with the ND, they agreed. The only stipulation was I would have to pay it back if I quit within a year. At my current job, I got $1000 to move but it cost me nearly $2000. But I can't complain, the pay makes up for it.

Personally, if a station isn't willing to give you at least $1000 (assuming you're moving from out of state) then I think its pretty safe to assume its a station I'm not going to want to work at anyway.

Lost in Alaska
10-18-2007, 10:20 PM
One thing to remember about all this. If what the station pays does not cover the move, and you move over 500(?) miles for the job, you can deduct moving expences on taxes minus what the station pays. Example: The move costs $2000, and the station pays $1500, you can take $500 for moving. The station MAY also include your moving expences as part of your gross pay for the year.

Chicago Dog
10-18-2007, 11:10 PM
One thing to remember about all this. If what the station pays does not cover the move, and you move over 500(?) miles for the job, you can deduct moving expences on taxes minus what the station pays. Example: The move costs $2000, and the station pays $1500, you can take $500 for moving. The station MAY also include your moving expences as part of your gross pay for the year.

Somewhat, but not entirely accurate.


From the IRS website regarding tax deductions and moving expenses (http://www.irs.gov/taxtopics/tc455.html):If you moved because of a change in your job location or because you started a new job, you may be able to deduct your moving expenses if your move is closely related to the start of work. To qualify for the moving expense deduction, you must meet both the distance and the time tests, unless you are a member of the armed forces and your move was due to a permanent change of station.
Your move will meet the distance test if your new main job location is at least 50 miles farther from your former home than your old main job location was. Use the shortest distance of the most commonly traveled routes between these points. To determine this, first figure the distance between your former residence and your new job and then subtract the distance between your former residence and your old job. If the result is 50 miles or more, you have met the distance test. For example, if the distance from your former residence to your new job is 70 miles and the distance from your former residence to your old job is 5 miles, you will meet the distance test.
The second test concerns time. If you are an employee, you must work full–time for at least 39 weeks during the 12 months right after you move. If you are self–employed, you must work full time for at least 39 weeks during the first 12 months and for a total of at least 78 weeks during the first 24 months after you move. There are exceptions to the time test in case of death, disability and involuntary separation. For more information if you qualify to deduct moving expenses please refer to Publication 521 (http://www.irs.gov/publications/p521/index.html).
If you meet the requirements, you can deduct the reasonable expenses of moving your household goods and personal effects to your new home. You can also deduct the expenses of traveling to your new home, including your lodging expenses. You cannot, however, deduct meals.

Moving expenses are figured on Form 3903 (http://www.irs.gov/pub/irs-pdf/f3903.pdf) (PDF) and deducted as an adjustment to income on Form 1040 (http://www.irs.gov/pub/irs-pdf/f1040.pdf) (PDF). You cannot deduct any moving expenses that were reimbursed by your employer.

NEWSSHOOTER3
10-19-2007, 01:51 AM
I checked and I got $1,500 when I moved to Atlanta. Taxable $1,500, need it, or not. No receipts necessary. Paid on first check. :)

rocky1138
10-19-2007, 02:13 AM
you move over 500(?) miles for the job,

I think it is more like 50 miles. something like the distance from your old house to you old work, minus the distance from your old house to your new work, divided by how many hours of Heroes you watched last week.

whatever it is I was able to figure it out easily & just add one form to my 1040ez 'e-z-lee'

the only time I've gotten any money was when I asked for it. and asked a few times. it paid for the truck since that was the only reciept that I could easily give them.