| Moving has to be one of the most annoying tasks on | | | | your new job is more than 101 miles away, you can |
| the planet. And God forbid you've been asked by a | | | | take the deduction. |
| friend to help them move. Talk about a thankless job. | | | | You also must actually work in the area you move to |
| The days of walking off the street and landing a job at | | | | for at least 39 weeks of the year you get there. You |
| one of the Big 3 Auto companies and working until | | | | do not have to work at the same job or for the same |
| retirement is long gone. People find themselves moving | | | | company the entire time. |
| numerous times to new places to take new | | | | If you're self-employed, the moving test is tougher. |
| employment positions. | | | | Although the distance required to have moved is the |
| So if we have to move, can we at least get paid for it | | | | same, you must work in the new area for 78 weeks |
| or deduct it off our income taxes? | | | | out of the two years immediately following your move. |
| You may be able to deduct your moving expenses on | | | | And you must live there for two years to get the |
| your tax return, but there is a specific rule you must | | | | deduction. |
| adhere to for qualification. | | | | If your employer reimbursed you for whatever |
| A moving expense deduction can be claimed if the | | | | expenses you incurred, you can't turn around and claim |
| distance from your old home to your new place of | | | | those expenses at tax time. |
| employment is more than 50 miles than the distance | | | | Yes moving is inevitable and an annoyance, but for |
| from your old home to your old place of employment. | | | | some, at least it can be written off your taxes. |
| A better way of explaining that last paragraph is if | | | | |