What is considered a qualified moving expense?

Deductible moving expenses: You can deduct expenses that are reasonable for the circumstances of your move. Your eligible moving expenses include household goods, personal effects, and storage and travel expenses (including lodging) to your new home.

What is considered a qualified moving expense?

Deductible moving expenses: You can deduct expenses that are reasonable for the circumstances of your move. Your eligible moving expenses include household goods, personal effects, and storage and travel expenses (including lodging) to your new home. You can't deduct any meal expenses. Members of the Armed Forces should use IRS Form 3903 to claim the cost of moving expenses as a deduction from their federal income taxes.

You can refer to the instructions on IRS Form 3903 for details on non-deductible expenses. You can deduct moving expenses if your move is work-related and passes the time and distance tests. Moving expenses are considered adjustments to income. Therefore, you can deduct them even if you don't itemize your deductions.

Deanna Trueman
Deanna Trueman

Infuriatingly humble beer fanatic. Wannabe social mediaholic. Total pop culture practitioner. Amateur twitter expert. Freelance food guru. Wannabe bacon expert.

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