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7 Moving Expense Tax Deductions You Need To Know Before Your Next Move

Posted by Bonnie Martin Designated Broker on Tuesday, May 21st, 2013 at 8:49am.

Moving can be a costly ordeal. Fortunately, the Internal Revenue Service allows you to deduct certain expenses from your taxes, so long as certain criteria are met.

1) Do You Qualify? you can only deduct if the move is job related.  2) 39 Weeks: you must be employed full time for 39 weeks.  3) 50 Miles Rule: your commute must be 50 miles longer to qualify.  4) Employer Assistance: you can only write off what your employer isn't paying. 5) Self Employment:  you can still qualify if you are self-employed, but you must meet all the requirements.  6) Married Couples:  only one of you have to meet the criteria.  7) Deductible Moving Expenses.

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