Self employed, moving expenses, deductable?

Forum|Forum|7 years ago
June 6, 2019
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TurboTax Self Employed Online

KrisD15

Level 15

Yes, it can be. You would need to meet the other requirements as well .

According to the IRS:

“If you are self-employed, you must work full time for at least 39 weeks during the first 12 months and for a total of at least 78 weeks during the first 24 months after you arrive in the general area of your new job location (78-week test).

For purposes of the time test for self-employed persons, the following three rules apply.

You count any full-time work you do either as an employee or as a self-employed person.
You don't have to work for the same employer or be self-employed in the same trade or business for the 78 weeks.
You must work within the same general commuting area for all 78 weeks.”

CLICK HERE for IRS pub 521 Moving Expenses

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