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Write Off Your Moving Expenses
Write Off Your Moving Expenses
You may be able to take your moving expenses as a tax deduction. While government regulations are stiffer than they used to be, it is still possible to catch a break if you meet the following criteria:
Your new job or job transfer is at least 50 miles farther from your home than the old house was.
If you had no previous job, the new one has to be at least 50 miles from your old house.
Your move must make your commute shorter than it was prior to the move—not longer.
If you are in the armed forces and had a permanent change of station.
If you’re working full-time (you expect to work at least 39 weeks out of the next 12 months) even if self-emp…
