![]() For example, if your old main job location was 12 miles from your former home, your new main job location must be at least 62 miles from that former home. The second requirement is the “distance test ” your new workplace must be at least 50 miles farther from your old home than your old job location was from your old home. Please contact us if you need assistance understanding this requirement. Additional rules apply to this requirement. Generally, you can consider moving expenses within one year of the date you first report to work at a new job location. Under the first requirement, your move must closely relate to the start of work. To qualify for the moving expense deduction, you must satisfy three requirements. Note: The rules applicable to moving within or to the United States are different from the rules that apply to moves outside the United States. Your move may be from one United States location to another or from a foreign country to the United States. If you meet the requirements of the tax law for the deduction of moving expenses, you can deduct allowable expenses for a move to the area of a new main job location within the United States or its possessions. If you moved due to a change in your job or business location, or because you started a new job or business, you may be able to deduct your reasonable moving expenses however, you may not deduct any expenses for meals.
0 Comments
Leave a Reply. |