Deductible Moving Expenses
What moving expenses can I deduct from my taxes?
According to the IRS, you may deduct reasonable costs for moving your household goods and personal effects to a new home if you are relocating for a new job or transferring to a new location for your current employer. Common deductions include the amount you paid for:
- Packing, crating and unpacking
- Valuation coverage and storage-in-transit (up to 30 days each)
You may also find tax deductions for reasonable, non-reimbursed expenses for:
- Shipping your automobiles and boats
- Transporting your household pets—dogs, cats, tropical fish, etc.
- Connecting and disconnecting utilities for the move
The moving tax deduction applies only to costs for which you have not been reimbursed.
Deductions with restrictions:
- Moving your personal belongings from a place other than your main residence (for example, a second home or relative's home). However, the cost cannot exceed what it would have cost to move them from your main residence.
- Driving the family to your new residence is deductible, including costs for lodging (but not meals).
Learn more about the IRS’s requirements for deducting moving expenses here.