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I sold & purchased houses in connection with a work-related move. Can I deduct the transaction costs?

 
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IsabellaG
Employee Tax Expert

I sold & purchased houses in connection with a work-related move. Can I deduct the transaction costs?

No, expenses of buying and selling a home are not deductible as moving expenses. See page 9 of IRS Publication 521  for nondeductible expenses.

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IsabellaG
Employee Tax Expert

I sold & purchased houses in connection with a work-related move. Can I deduct the transaction costs?

No, expenses of buying and selling a home are not deductible as moving expenses. See page 9 of IRS Publication 521  for nondeductible expenses.

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

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