gburno
Expert Alumni

Get your taxes done using TurboTax

Hello, thank you for contacting TurboTax.

 

TurboTax will handle the accounting of any taxes that you owe because you sold your home. Please study the following to more fully understand the sale of your home.

 

https://turbotax.intuit.com/tax-tips/home-ownership/tax-aspects-of-home-ownership-selling-a-home/L6t....

 

Tax reform changed rules related to moving expenses. Are moving expenses tax deductible? For most people, the answer is no. Military personnel can still claim the deduction but must meet certain requirements to qualify.

 

If you serve as an active-duty military member, you can claim moving deductions against your taxable income and include them on Form 3903 as an attachment to your Form 1040.

To claim these expenses as a deduction on your tax return as an active member of the Armed Forces, your move must result from a military order and permanent change of station. You can deduct your unreimbursed moving expenses for you, your spouse, and your dependents.

You can't deduct expenses that are reimbursed or paid for directly by the government. You must satisfy two additional criteria to qualify for counting these expenses as tax deductions: meeting the time and distance tests.

 

https://turbotax.intuit.com/tax-tips/jobs-and-career/guide-to-irs-form-3903-moving-expenses/L6CwmGm3...

 

If you are not in the military, you may still want to track your expenses because some states continue to provide a deduction on your state tax return if you meet specific requirements. Delaware follows federal guidelines regarding itemized deductions, so moving expenses will not be deductible.

 

https://news.delaware.gov/2019/02/28/tax-reform-and-your-delaware-itemized-deductions/

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"