If you moved for a new job, you may be eligible to deduct some of the expenses associated with your move. You must meet specific criteria to do so, including:
- It must relate closely to the start of a job. You can only deduct moving expenses incurred within one year of the day you started your job. That means if you don’t move closer to work within the first 12 months of employment, you will lose your opportunity to deduct moving expenses.
- Your new job would add at least 50 miles to your commute if you were to remain living in your old home. For example, if your old job required you to commute just 5 miles from your old home to your former place of business, your commute to your new job would need to be at least 55 miles from your previous residence.
- After you move, you must work full-time at your new job for at least 39 weeks in the first 12 months of employment. If you’re self-employed, you must work full-time at least 78 weeks during the first 24 months of your new job.