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contemplatelife
New Member

I’m moving to another state, can I use my relocation expenses to pay for storage for 6-12 months until I can purchase a permanent home or is really only for 30 days?

 
4 Replies
xmasbaby0
Level 15

I’m moving to another state, can I use my relocation expenses to pay for storage for 6-12 months until I can purchase a permanent home or is really only for 30 days?

<a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p521">https://www.irs.gov/publications/p521</a>
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
xmasbaby0
Level 15

I’m moving to another state, can I use my relocation expenses to pay for storage for 6-12 months until I can purchase a permanent home or is really only for 30 days?

IRS interview for moving expenses

https://www.irs.gov/help/ita/can-i-deduct-my-moving-expenses

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
TomD8
Level 15

I’m moving to another state, can I use my relocation expenses to pay for storage for 6-12 months until I can purchase a permanent home or is really only for 30 days?

Here's the IRS rule on storage expenses:

You can include the cost of storing and insuring household goods and personal effects within any period of 30 consecutive days after the day your things are moved from your former home and before they are delivered to your new home.  https://www.irs.gov/publications/p521


**Answers are correct to the best of my ability but do not constitute tax or legal advice.
contemplatelife
New Member

I’m moving to another state, can I use my relocation expenses to pay for storage for 6-12 months until I can purchase a permanent home or is really only for 30 days?

Thanks, I feel the term of “within any period of 30 days” was not as clear as a “maximum” or “limit” of 30 day period which is what I was seeking clarification on. With your comment and  similar questions below I now have my answer, Thank you.
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