I am self employed. When is it okay to expense moving costs?

[Anonymous_]

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

[taxlady28]

Yes - you can deduct moving expenses if you meet two test below:

The distance test - Your new workplace must be at least 50 miles farther from your old home than your old job location was from your old home. If you had no previous workplace, your new job location must be at least 50 miles from your old home.

The time test - as  self-employed, you must work (or expect to work) full time for at least 39 weeks during the first 12 months and for a total of at least 78 weeks during the first 24 months immediately following your arrival in the general area of your new work location. 

[Anonymous_]

The 2017 Tax Cuts and Jobs Act changed the rules for claiming the moving expense tax deduction. For most taxpayers, moving expenses are no longer deductible, meaning you can no longer claim this deduction on your federal return. This change is set to stay in place for tax years 2018-2025.

Note that you can, as a self-employed individual, deduct the cost of relocating your business assets on Schedule C. Personal moving costs are no longer deductible.