Once you have signed
into your TurboTax Account (for TurboTax Online sign-in, click Here), select "Take Me To My
Return" and type "moving expenses" in the search bar then select
"jump to moving expenses". TurboTax will guide you in entering this
information
You will claim these
moving expenses on Form 3903 and they will not affect your ability to claim a
standard deduction
Travel by car. If you use your car to take yourself, members of your household, or your personal effects to your new home, you can figure your expenses by deducting either:
Your actual expenses, such as the amount you pay for gas and oil for your car, if you keep an accurate record of each expense; or
The standard mileage rate of 19 cents a mile (The rate for 2016)
Whether you use actual expenses or the standard mileage rate to figure your expenses, you can deduct the parking fees and tolls you pay to move. You can't deduct any part of general repairs, general maintenance, insurance, or depreciation for your car.
Alternatively, to
enter your moving expenses in TurboTax Online or Desktop, please follow these
steps:
- Once you are in your tax
return, click on the “Federal Taxes” tab ("Personal" tab in
TurboTax Home & Business)
- Next click on “Deductions
& Credits” ("Personal Income" in TurboTax Home &
Business)
- Next click on "jump to
full list" or (I’ll choose what I work on or see all tax breaks)
- Scroll down the screen until
to come to the section “Other Deductions and Credits”
- Choose "show more",
then Moving Expenses and follow the onscreen instructions
- If you are able to meet the
IRS moving expense requirements, you will enter the lodging
information on the screen that is titled "Enter your moving
expense"
According to the
IRS, if you moved due to a change in your job or business location, or because
you started a new job or business, you may be able to deduct your reasonable
moving expenses but not any expenses for meals.
Please refer to
these links related to moving expenses: IRS - Moving Expenses and Moving
Expense Deduction
