Great news! If you’re moving for your work, you just might qualify for a tax deduction on your moving expenses. This is part of the tax Form 3903: Moving Expenses.
While this is potentially great news, not everyone is qualified for these tax deductions. If you find yourself moving for your job, here’s what you need to know about qualifying.
You have to be moving for work.
In order to get this tax break, you have to be moving for your job. This doesn’t mean that you’re moving to another town to look for a new job. You have to already have the job and you have to prove that your new job required you to relocate.
You have to be moving far.
If your work is relocating you to the next town over, it isn’t as likely that you will qualify for this