Write Off Your Moving Expenses


Write Off Your Moving Expenses

Moving expenses are tax deductible if:

l.   Your new job or job transfer is at least 50 miles farther from your home than the old house was.

2.  You did not have a job and the new one is at least 50 miles from your old house.

3.   If you are in the armed forces and had a permanent change of station.

Qualified deductions include

Packing and transporting household goods

Mileage for use of your own car (or gas and oil expenses)

- Tolls and parking fees on the trip

- Up to 30 days' storage of household goods

- Disconnecting and connecting utilities

- Transportation and lodging for yourself and members of your household while traveling to the new home.

No longer allowable: $3,000 more for up to 30 days’ temporary living expenses, house hunting trips and costs of selling or buying a home.