A taxpayer moved over $500$ miles at the request of the taxpayer's employer, a major

oil and gas company. The taxpayer incurred and paid ordinary moving costs to

transport personal property during the move. The taxpayer's employer

reimbursed $100\%$ of those costs. How will this move affect the taxpayer's taxable

income for the year?

The reimbursement increases taxable income, and the expenses are not deductible.

The reimbursement is excluded from taxable income, and the expenses are deductible.

The reimbursement is excluded from taxable incopre, and the expenses are not

deductible.

The reimbursement increases taxable income, and the expenses are deductible.