Move

[cerdafc]

We moved in early December 2021 and purchased a new home, what can we deduct for the closing of the loan and also what if any moving expenses can we claim;  for example, moving company, moving supplies, gas, mileage etc. 

[ColeenD3]

None of the settlement charges are deductible. They are added to the basis of the home and come into play at the time of the sale.

There used to be a provision for moving expenses related to a change in job, but that was repealed by TCJA in 2017. Moving expenses, unless you are in the military, are not longer deductible.