Under certain circumstances, moving expenses can be tax-deductible. Check
IRS Publication 521 to find out if your move qualifies, and if so, track your moving costs with this work sheet. Keep this work sheet with receipts, bills, canceled checks, credit card statements and mileage logs. Also, you should save your Form W-2 and statements of reimbursement from your employer.
Deductible moving expenses include the cost of moving the contents of your home, including in-transit or foreign-move storage expenses, plus travel including lodging (but not meals) en route to your new home.Travel expensesGasDateGallons purchasedPrice per gallon LodgingDateCostLength of stay Air travelDateCost
Deductible moving expenses include the cost of moving the contents of your home, including in-transit or foreign-move storage expenses, plus travel including lodging (but not meals) en route to your new home.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.
Higher mortgage rates are coming, maybe soon. That's what the January employment report implies.
... Read more