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Get your taxes done using TurboTax
You can deduct moving expenses for your business. But only for your business. Personal moving expenses are not deductible.
This may be very tricky for you since you have already made the move. You will have to figure out what percentage - if any - of your moving expenses are related to moving your business across country and what percentage was personal. The business percentage is deductible as a business expense and needs to be well documented in case there are any questions later.
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‎February 28, 2024
12:26 PM
961 Views