I moved cross-country this year to attend graduate school full time. I am also employed by the university half time as a condition of my financial support (I receive a w-2). Can I deduct moving expenses from my income on form 1040?
2007-02-25 06:51:57 · 3 answers · asked by Jonathan P 1 in Business & Finance ➔ Taxes ➔ United States
No, you must be working full-time to take the Moving Expense Deduction.
You must also meet the time test by working full-time at the new job for at least 39 weeks in the 12 months immediately following the move.
2007-02-25 07:00:08 · answer #1 · answered by Bostonian In MO 7 · 2⤊ 0⤋
A half-time job does not qualify for the moving expense deduction.
To qualify for the moving expense deduction, you must work full-time for 39 weeks during the first year after the move.
2007-02-25 07:02:22 · answer #2 · answered by ninasgramma 7 · 1⤊ 0⤋
yes. anything that you paid taxes for.
2007-02-25 06:54:19 · answer #3 · answered by micro52000 3 · 0⤊ 4⤋