Betty has accepted a new position with a company that is located in another state and the company is willing to cover the moving expenses.

Which scenario is true?

• If the moving expenses are paid by Betty, the company reimbursement will be non-taxable
• If the moving expenses are paid by the company, they would not be considered taxable income to Betty.
• If the moving expenses are paid by Betty and are less than $1,000, the company reimbursement would be considered non-taxable
• If the moving expenses are paid by the company, they would be considered taxable income to Betty