Every situation has a silver lining, even relocation for your job. Moving can be exciting, but there are a lot of logistics and things to take care of. One way to ease the pain is to remember that come tax season you will qualify for deductible moving expenses.
Pass This Test
The IRS is very strict about qualifying moves for a tax deduction. Before you can claim moving expenses for tax deductions, you need to meet these three requirements.
Start of work- You must move within one year of starting your new job.