Hello. My wife owns a videography business that was situation in state A, and is now in state B about 550 miles away. We no longer own the old home (included a small home office) and have now bought a new home in state B.
We moved to state B for my full time job, but my wife naturally opened her business up here and transferred marketing to state B to generate new leads/business for herself.
What if anything are we allowed to claim from the cost of the movers) (we paid out of pocket for the move/hotels/dog boarding, etc.)
I am hoping we can claim something as the move was delayed due to the prior homeowners causing an issue and we had to pay a considerable large amount of money than originally anticipated to keep the movers in town for a few additional days.
Thanks for all your help!
Prog
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Moving expenses are no longer deductible on a federal tax return due to the tax code changes for years 2018 thru 2025. Except for active duty military on Permanent Change of Station orders.
Moving expenses are no longer deductible on a federal tax return due to the tax code changes for years 2018 thru 2025. Except for active duty military on Permanent Change of Station orders.
Well that stinks. We can at least claim all the renovations to the new office space, etc. Not a ton, but better than nothing.
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