Moving expense deduction

The moving expense deduction is a tax deduction that is available if a person is moving in order to start work. There are several tests that a situation must pass before a person can take the deduction. First, the person must work full-time for an employer near the new location for at least 39 weeks during the year following the move. Second, the person must be at least 50 miles further from his or her old house than the old job location. If there was no prior workplace, then the new job location must be at least 50 miles away from the old home. If these tests are passed, the person can deduct moving expenses incurred within one year of the first day of work. These costs include valuation, packing, transportation, storage in transit, and unpacking.

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