What Are Nontaxable Moving Expenses?

If you are wondering what moving expenses are tax deductible, you must first determine whether or not your move is a “qualified move” according to the IRS. In order for this to be the case, the move must be in close time proximity to that start of a new job. You must also prove that the commute to your old job would be much further, and you must work at least 39 weeks out of the first 12 months you’re employed at your new job.

After you have established that your move can be proven to the IRS to be a “qualified move,” you can simply refer to the following list to determine which of your moving expenses are tax deductible:

• Transportation of household items and personal effects, automobiles, and pets
• Travel expenses for the employee and household members, which includes lodging and gas but not meals
• In-transit storage of household items and personal effects
• Other expenses which include house-hunting expenses, temporary living costs, and more

If you choose to hire a moving company as a tax-deductible moving expense, the clear choice is Atlantic Relocation Systems. We provide our customers with a moving experience that’s tailored to their every need. We do this by assigning a relocation coordinator to oversee each project and ensure that it is completed in a timely manner. We also only employ highly experienced, well-trained, and fully vetted relocation professionals who specialize in all types of relocation projects.

To learn more about why Atlantic Relocation Systems is the right choice for your next move, contact us today and set up a consultation for a free, no-obligation, on-site price estimate.