Moving tax deduction question.?

Question

I have a travel job that allows me to work from anywhere in US and I moved from CT to TX last year. Will I be able to deduct my moving expenses? I still work for the same company based in GA.

Thank you.

Answer 1

Does the company have an office for you in TX? Then you relocated to a new work location and can take the moving expenses deduction using Form 3903.

If you have no regular place of employment, then you didn't move to a new job location and the moving expenses can't be deducted.

Answer 2

in case you're at recent employed or those days unemployed, your expenses to seek for for kind spanking new employment (return and forth, transportation, resumes, postage) indoors a similar field are deductible on schedule A as miscellaneous deductions subject to a 2% of AGI floor. you will desire to itemize deductions on schedule A to acquire any tax earnings. in case you relocate and procure finished-time employment at your new section, you will probable be waiting to deduct your unreimbursed shifting expenses. those deductions are figured on IRS type 3903 and are deducted out of your gross earnings as an adjustment. you do not ought to itemize deductions to get a tax earnings for shifting expenses. Your new interest would desire to be your first interest, or a job in a diverse profession than your previous interest. you will possibly not deduct the fee of employer clothing which comprise fits.

Answer 3

If your move is required due to a job change and if the distance to your new job is more than 50 miles farther than your previous commute you may be able to deduct your unreimbursed moving expenses. Since you did not have a job change, any move is voluntary and does not qualify for deduction.