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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 expenses Gas
Price per gallon
Length of stay
Financial Literacy 2007 – Taxes
Part 12 of 18
TOOLS AND RESOURCES
Tax planning tool kit
Calculators, work sheets and resources to help make paying taxes almost painless.