If you move because of a job change, you may be able to deduct certain move-related expenses on your tax return. To qualify, you must satisfy specific requirements.
Distance. The distance between your new job location and your former home must be at least 50 miles greater than your old commute.
Time. You must be employed full-time in the location of your new job for at least 39 weeks during the 12 months following your move. If you’re self-employed, you have to work full-time in the new location for at least 78 weeks during the 24 months following your move, and 39 weeks must be in the first 12 months.
Potential deductible costs include:
> Packing and transporting household goods and personal effects.
> Storing and insuring your belongings.
> Travel from your old home to your new home (no meals).
> Lodging en route to the new location.
If your employer reimburses any moving expenses, however, you may only deduct amounts that are included in your income.