My husband and I moved in May for better job opportunities for him. He began working in our new location in early June, so he has only worked about 28 weeks total here. According to everything I have found regarding the moving deduction, he has to work in the new area for 39 weeks of the last 12 months since the move. We haven't been here a year yet, so I was wondering if we could qualify for this deduction if we file in the beginning of February. Any insight would be greatly appreciated.
2007-01-10 15:13:04 · 2 answers · asked by Belle75 2 in Business & Finance ➔ Taxes ➔ United States
Yes, you may take the deduction before the 39 weeks as long as you eventually meet the 39 week requirement. If you don't then you will need to do an ammended return for 2006.
2007-01-10 23:33:30 · answer #1 · answered by Michael B 1 · 0⤊ 0⤋
If you have the expectation that he will be working in the new location for 39 weeks of the first year you are there, take the deduction with the 2006 tax return.
He does not have to stay with the first job, changing jobs is OK.
2007-01-10 17:15:14 · answer #2 · answered by ninasgramma 7 · 0⤊ 0⤋