Another category you must fall into is whatís known as the time test. You must
work full-time for at least 39 weeks during the first 12 months after you
arrive in the general area of your new job location.
If you fall into these three categories you have a good shot at having your
moving expenses deducted from your taxes.
Don't get too comfortable deducting your moving expenses, there are some items
that you canít deduct like the moving expenses of buying or selling your home,
including mortgage fees and even paints. Some other things that you canít
deduct from your moving process are pre-move house-hunting expenses, any real
estate taxes that you might come across, any security deposits and much more.
Even if you choose not to use a moving
company and their trucks because you decided to do your
move yourself, traveling by car, you can still deduct moving expenses. When you
move by car you can deduct gas/oil for your car and other actual expenses.
You can find more detailed information on deductible moving expenses on the
Internal Revenue Services Web Site, if you qualify and other random conditions
you might have.
If you are choosing to move outside the United States you cannot deduct moving
expenses for the obvious reasons that your future income will not be subject to