2007-02-04 01:35:06 · 6 answers · asked by z06ssr 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Yes but you have to stay a certain period of time. Don't know how long though.
2007-02-04 01:38:32 · answer #1 · answered by tumbleweed1954 6 · 0⤊ 1⤋
I have moved for employment a couple times before. If you have your taxes prepared, give your preparer all your receipts for the move, including any storage facility fees you paid, gas receipts, etc. If you use a product such as turbo tax, which is what I use, they have a question as to whether you have moved and you can enter in all your travel expenses. If you are reimbursed by your new or old employer though, you can't take the deduction. It definitely will put some money back in your pocket though if you can.
2007-02-04 09:47:03 · answer #2 · answered by ktheexplorer 2 · 1⤊ 0⤋
Yes, under certain situations. If you moved and worked full-time for 36 weeks, you can deduct all expenses you paid to move. You can also deduct 1/2 of the cost of meals on the way to your new residence.
2007-02-04 17:08:41 · answer #3 · answered by tim 1 · 0⤊ 0⤋
Hmmm.. I think you can, and any loses that occurred during the move. Get software like TurboTax and it will lead you through all of the deductions.
2007-02-04 09:38:00 · answer #4 · answered by ♥Tom♥ 6 · 0⤊ 0⤋
Yes, the expenses are deductible on Form 3903. Check out these IRS links for more information:
http://www.irs.gov/taxtopics/tc455.html
http://www.irs.gov/publications/p521/index.html
2007-02-04 09:39:45 · answer #5 · answered by Wendy T 2 · 3⤊ 0⤋
yes
2007-02-04 09:37:54 · answer #6 · answered by McDreamy 4 · 1⤊ 0⤋