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Moving Expenses
  What are the criteria for claiming moving expenses?
 
 

To deduct the moving expenses on your tax return you must meet the following requirement:

  • Your move is closely related to the start of work.
  • You meet the 50 mile  distance test.
  • You meet the time test.

The new job site for which you want to deduct the moving expenses to must be at least 50 miles far from your former home than was your previous job site. You must also either work full-time as an employee in the general location of your new home for at least 39 of the 52 weeks following the move for which you want to deduct moving expenses on your tax return; or work full-time as a self employed individual for both 39 of the 52 weeks and 78 of the 104 weeks immediately following the move for which you want to deduct moving expenses on your tax return. This tax requirement can be met either with one job or through a series of full-time positions.
 
 Which moving expenses are not deductible?
 

Other moving expenses that cannot be deducted for income tax purposes include pre-move house hunting expenses, temporary living expenses, meals, expenses of buying or selling a home, home improvements to help sell a home, loss on a home sale, real estate taxes, car tags, and driver's license and storage charges except those paid in-transit and for foreign moves, Mortage penalties, pre-move househunting expenses, real estate taxes, security deposit.

 
I moved to a different state to accept a new job. Will I be able to deduct all of my moving   expenses?
 

If you moved because of a change in your job location or because you started a new job, you may be able to deduct your moving expenses. To qualify for the moving expense deduction, you must meet two tests. The first test is distance. The second test concerns time. You can only deduct certain moving expenses that were not reimbursed by your employer

 
 Which moving expenses are deductible?
 

you may deduct the following moving expenses on your tax return: Travel costs of yourself and members of your household en route from your old location to your new location; and The actual cost of moving your personal effects and household goods. Actual car expenses such as gas and oil are tax deductible if accurate records are kept, or you can take a 15 (22 cents a mile after August 31,2008) cents a mile tax deduction instead. Parking fees and tolls are tax deductible, but general car repairs, maintenance, insurance or depreciation of your car are not tax deductible.

   
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  • A copy of last years tax return
  • Personal identification (driver's license, social security card) for you and your spouse, if applicable, showing the SSN (s).
  • W-2s from all of your employers
  • Forms 1099 & 1099-G, 1099-DIV, 1099-R.
  • All receipts pertaining to your small business
  • Social security benefits
  • Unemployment Compensation
  • Other Income
  • Income receipts from rental real estate, royalties, partnerships, s corporation, trusts
   
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