Irs

Requirements for Deducting Moving Expenses from Your Taxes

Requirements for Deducting Moving Expenses from Your Taxes

Moving to a new home for a job can be expensive. Some expenses to consider include cost of hiring a truck or the services of a moving company, gasoline, and labor. However, the moving cost can be claimed as a tax deduction if you meet the requirements set forth by the IRS.

Following are the requirements:

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