Tax Musings of a Burbank CPA: Moving Expense Deductions

Planning a move to take a new job?  If you move far enough away you could be able to deduct your moving expenses. See this IRS tip regarding deductible moving expenses and how to qualify to take them:

As the tip says, the move must coinside with the start of a new job, the new job location must be at least 50 miles farther from your old residence than your old job location, and you have to work at the new job for a certain period of time.  If you qualify, you an deduct you actual costs plus some travel expenses related to the move.  That should reduce what you had to pay to move in the first place.

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